Suzuki Co.,Ltd. announced consolidated and non-consolidated earnings results for the fiscal year ended June 30, 2016. For the period, on consolidated basis, the company reported JPY 23,093 million compared to JPY 22,355 million a year ago. Operating income was JPY 1,436 million compared to JPY 1,133 million a year ago. Ordinary income was JPY 1,264 million compared to JPY 1,376 million a year ago. Net income attributable to owners of parent was JPY 165 million or JPY 13.37 per share compared to JPY 584 million or JPY 47.21 per share a year ago. Return on equity was 1.4% compared to 4.9% a year ago. Cash flows from operating activities were JPY 1,551 million compared to JPY 1,661 million a year ago.

For the period, on non-consolidated basis, the company reported JPY 14,479 million compared to JPY 13,838 million a year ago. Operating income was JPY 950 million compared to JPY 644 million a year ago. Ordinary income was JPY 1,068 million compared to JPY 877 million a year ago. Net income was JPY 629 million or JPY 50.80 per share compared to JPY 473 million or JPY 38.23 per share a year ago.

For the six months ending Dec. 31, 2016, the company expects net sales of JPY 11,328 million; operating income of JPY 424 million; ordinary income of JPY 426 million; net income attributable to owners of parent of JPY 160 million or JPY 12.98 per share.

For the year ending June 2017, the company expects net sales of JPY 23,062 million; operating income of JPY 890 million; ordinary income of JPY 882 million; net income attributable to owners of parent of JPY 363 million or JPY 29.35 per share.