Amagasa Co. Ltd. announced consolidated earnings results for the quarter ended April, 2016. For the year, the company reported net sales of JPY 1,690 million compared to JPY 1,857 million a year ago. Operating loss was JPY 29 million compared to operating income of JPY 53 million a year ago. Ordinary loss was JPY 33 million compared to ordinary income of JPY 46 million a year ago. Net loss attributable to owners of the parent was JPY 25 million compared to JPY 9 million a year ago. Net loss per basic share was JPY 13.77 compared to JPY 5.05 a year ago.

For the year ending January 2017, on consolidated basis, the company expects net sales of JPY 7,638 million, operating income of JPY 170 million, ordinary income of JPY 145 million and net profit attributable to owners of the parent was JPY 67 million or JPY 35.98 per share.

For the quarter ending July 2016, on consolidated basis, the company expects net sales of JPY 3,963 million, operating income of JPY 130 million, ordinary income of JPY 118 million and net profit attributable to owners of the parent was JPY 54 million or JPY 29.43 per share.