JSP Corporation reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥26,835 million against ¥27,804 million a year ago. Operating income was ¥2,272 million against ¥1,649 million a year ago. Ordinary income was ¥2,203 million against ¥1,613 million a year ago. Profit attributable to owners of the parent was ¥1,700 million or ¥57.05 per share against ¥1,271 million or ¥42.65 per share a year ago. Net cash provided by operating activities was ¥664 million, a decrease of ¥2,138 million from the same period of the previous fiscal year.

For the first half of fiscal 2017, the company expects net sales of ¥56,000 million, operating income of ¥4,300 million, ordinary income of ¥4,350 million, profit attributable to owners of the parent of ¥3,250 million or ¥107.34 per share.

For the fiscal year ending March 31, 2017, the company expects net sales of ¥113,000 million, operating income of ¥9,000 million, ordinary income of ¥9,100 million, profit attributable to owners of the parent of ¥6,200 million or ¥207.97 per share.