ARRK Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
For the year, on non-consolidated basis, the company reported net sales of JPY 12,736 million compared to JPY 14,067 million a year ago. Operating income was JPY 527 million compared to JPY 1,247 million a year ago. Ordinary income was JPY 452 million compared to JPY 1,239 million a year ago. Net income was JPY 780 million or JPY 1.94 per diluted share compared to JPY 1,837 million or JPY 4.55 per diluted share a year ago.
The company provided earnings guidance for the full year ending March 31, 2018. For the full year, the company expected net sales of JPY 44,000 million, operating income of JPY 2,200 million, ordinary income of JPY 1,850 million and profit attributable to owners of the parent of JPY 1,100 million or JPY 3.51 per share.