Elecom Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2016. For the year, on consolidated basis, reported net sales of JPY 81,165 million compared to JPY 75,785 million a year ago. Operating income was JPY 8,901 million compared to JPY 8,142 million a year ago. Ordinary income was JPY 8,081 million compared to JPY 7,553 million a year ago. Profit attributable to owners of parent was JPY 4,858 million or JPY 118.61 per diluted share compared to JPY 4,461 million or JPY 100.61 per diluted share a year ago. Rate of return on equity was 19.1% compared to 17.5% a year ago. Cash flows from operating activities were JPY 2,565 million compared to JPY 9,239 million a year ago.

For the year, on non-consolidated basis, reported net sales of JPY 73,486 million compared to JPY 69,390 million a year ago. Operating income was JPY 7,767 million compared to JPY 7,506 million a year ago. Ordinary income was JPY 6,697 million compared to JPY 6,841 million a year ago. Profit was JPY 3,809 million or JPY 93.00 per diluted share compared to JPY 3,967 million or JPY 89.46 per diluted share a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2016 and year ending March 31, 2017. For the six months ending September 30, 2016, the company expects net sales of JPY 41,977 million, operating income of JPY 4,243 million, ordinary income of JPY 3,863 million and profit attributable to owners of parent of JPY 2,292 million or JPY 58.15 per basic share.

For the year ending March 31, 2017, the company expects net sales of JPY 90,000 million, operating income of JPY 9,600 million, ordinary income of JPY 8,800 million and profit attributable to owners of parent of JPY 5,270 million or JPY 133.66 per basic share.