Tera Probe, Inc. announced consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, net sales were JPY 18,812 million compared to JPY 22,731 million a year ago. Operating income was JPY 2,334 million compared to JPY 2,783 million a year ago. Net income was JPY 1,290 million or JPY 139.00 per basic share compared to JPY 465 million or JPY 50.19 per basic share a year ago. Return on equity was 6.1% compared to 2.3% a year ago. Cash flows from operating activities were JPY 6,478 million compared to JPY 6,616 million a year ago. Profit before income taxes was JPY 2,508,606,000 compared to JPY 1,215,787,000 a year ago.

For the year, on non-consolidated basis, net sales were JPY 11,470 million compared to JPY 17,251 million a year ago. Operating income was JPY 156 million compared to JPY 1,496 million a year ago. Net income was JPY 417 million or JPY 44.95 per basic share compared to JPY 296 million or JPY 31.92 per basic share a year ago.

For the first quarter of fiscal 2017, the company expects to report net sales of JPY 6,000 million; operating income of JPY 590 million; net income of JPY 130 million; net income per share of JPY 14.00.