Noritake Co. Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Consolidated Earnings Guidance for the Six Months and Full Year 2017
For the period, on non-consolidated basis, the company reported net sales of JPY 60,102 million against JPY 61,854 million a year ago. Operating loss was JPY 915 million against JPY 932 million a year ago. Ordinary income was JPY 1,022 million against JPY 1,221 million a year ago. Net income was JPY 1,923 million or JPY 13.40 per share against JPY 919 million or JPY 6.40 per share a year ago.
For the half year 2016, on consolidated basis, the company expects net sales of JPY 53,000 million, operating income of JPY 800 million, ordinary income of JPY 1,500 million and profit attributable to owners of parent of JPY 900 or JPY 6.27 per share.
For the year 2016, on consolidated basis, the company expects net sales of JPY 109,000 million, operating income of JPY 2,400 million, ordinary income of JPY 3,800 million and profit attributable to owners of parent of JPY 2,400 or JPY 167.15 per share.