Fanuc Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2017
Fanuc Corporation reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company's total net sales were ¥390,327 million compared to ¥487,591 million a year ago. Operating income was ¥111,649 million compared to ¥172,831 million a year ago. Ordinary income was ¥125,120 million compared to ¥185,413 million a year ago. Net income attributable to shareholders of parent company was ¥92,573 million or ¥477.45 per basic share compared to ¥127,301 million or ¥650.70 per basic share a year ago. Income before income taxes was ¥125,120 million against ¥185,413 million a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2017. For the full year, the company expects net sales to be ¥521,000 million, operating income to be ¥140,500 million, ordinary income to be ¥154,600 million and net income to be ¥113,300 million or ¥584.35 per share.