Elematec Corporation announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 150,161 million, operating income of JPY 3,950 million, ordinary income of JPY 4,028 million, profit attributable to owners of the parent of JPY 515 million or JPY 25.19 per share as compared to net sales of JPY 176,178 million, operating income of JPY 5,759 million, ordinary income of JPY 5,956 million, profit attributable to owners of the parent of JPY 4,341 million or JPY 212.07 per share for the same period prior year. Net assets per share as at December 31, 2016 were JPY 2,146.71.

The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of JPY 203,500 million, operating income of JPY 4,850 million, ordinary income of JPY 5,100 million, profit attributable to owners of parent of JPY 1,300 million or JPY 63.50 per share.