Innotech Corporation reported consolidated earnings results for first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 7,403.504 million against JPY 7,496.565 million a year ago. Operating income was JPY 280.810 million against JPY 203.594 million a year ago. Ordinary income was JPY 287.813 million against JPY 264.564 million a year ago. Profit attributable to owners of parent was JPY 147.980 million or JPY 8.16 per diluted share against JPY 166.624 million or JPY 9.24 per diluted share a year ago. Income before income taxes was JPY 261.922 million against JPY 264.564 million a year ago.

For the year ending March 31, 2017, the company expects net sales of JPY 29,500 million, operating income of JPY 850 million, ordinary income of JPY 980 million and profit attributable to owners of parent of JPY 600 million or JPY 34.16 per share.