METAWATER Co., Ltd. reported unaudited consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of JPY 29,252 million against JPY 21,469 million a year ago. Operating loss was JPY 4,000 million against JPY 5,662 million a year ago. Ordinary loss was JPY 4,383 million against JPY 5,627 million a year ago. Loss attributable to owners of parent was JPY 2,548 million or JPY 98.31 per basic share against JPY 3,860 million or JPY 148.91 per basic share a year ago. Loss before income taxes was JPY 4,383 million against JPY 5,627 million a year ago. Cash flows from operating activities were JPY 6,635 million against JPY 6,524 million a year ago. Purchase of property, plant and equipment was JPY 219 million against JPY 446 million a year ago. Purchase of intangible assets was JPY 183 million against JPY 199 million a year ago.

For the year ending March 31, 2017, the company expects net sales of JPY 112,000 million, operating income of JPY 6,200 million, ordinary income of JPY 6,100 million and profit attributable to owners of parent of JPY 4,000 million or JPY 154.30 per basic share.