Densan System Co.,Ltd. announced consolidated earnings results for the nine months ended September 30, 2016. For the quarter the company's net sales were ¥22,161 million compared with ¥21,164 million a year ago. Operating income was ¥737 million compared with ¥665 million a year ago. Ordinary income was ¥766 million compared with ¥682 million a year ago. Net income attributable to parent shareholders was ¥513 million or ¥52.96 per diluted share compared with ¥413 million or ¥42.28 per basic share a year ago.



For the fiscal year ending December 31, 2016, the company forecasts net sales of ¥31,500 million, operating income of ¥1,270 million, ordinary income of ¥1,278 million, and net income attributable to parent shareholders of ¥810 million or ¥83.50 per share.

For the fiscal year ending December 31, 2016, the company forecasts dividend of JPY 12 per share compared to JPY 12 per share a year ago.