FDK Corporation announced consolidated earnings results for the nine months ended December 30, 2015. For the period, the consolidated company reported net sales of ¥62,413 million, operating income of ¥2,189 million, ordinary income of ¥2,096 million, profit attributable to owners of ¥1,755 million or net income per basic share of ¥6.27 compared to net sales of ¥56,689 million, operating income of ¥1,397 million, ordinary income of ¥1,616 million, net income of ¥1,261 million or net income per basic share of ¥4.50 for the same period last year. Cash flow from operating activities was ¥4,112 million against ¥2,675 million a year ago. Net cash used in operating activities increased due to the increase in cash and cash equivalents by posting the increase in income before income taxes, depreciation and amortization and increase in notes and accounts payable-trade, though there was a decrease in cash by posting the increase in inventories and notes and accounts receivable-trade. Income before income taxes was ¥2,096 million against ¥1,834 million a year ago. Purchase of property, plant and equipment was ¥2,112 million against ¥1,519 million a year ago. Purchase of intangible assets was ¥65 million against ¥11 million a year ago. The interest-bearing debt decreased by ¥1,102 million from the end of the previous fiscal year to ¥17,648 million.

The consolidated company expects net sales of ¥81,000 million, operating income of ¥2,300 million, ordinary income of ¥1,700 million, profit attributable to owners of the parent of ¥1,300 million or net income per share of ¥4.64 for the fiscal year ending March 31, 2016.