Argo Graphics Inc. reported consolidated earnings results for the year ended March 31, 2016. For the year, the company reported net sales of JPY 34,026 million compared to JPY 31,189 million a year ago. Operating income was JPY 2,462 million compared to operating income of JPY 2,279 million a year ago. Ordinary income was JPY 2,719 million compared to ordinary income of JPY 2,536 million a year ago. Profit attributable to owners of the parent was JPY 1,663 compared to JPY 1,932 million a year ago. Net income per diluted share was JPY 155.97 compared to JPY 184.69 a year ago. Income before income taxes was JPY 2,686,742,000 compared to JPY 2,869,064,000 a year ago. Net cash provided by operating activities was JPY 1,904 million compared to JPY 2,880 million a year ago. Purchase of property, plant and equipment was JPY 32.822 million compared to JPY 51.315 million a year ago. Purchase of intangible assets was JPY 2.613 million compared to JPY 32.205 million a year ago.

The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the full year, the company expects net sales of JPY 36,000 million, operating income of JPY 2,800 million, ordinary income of JPY 3,100 million and profit attributable to owners of parent of JPY 1,900 million or JPY 178.80 per share.