M3, Inc. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 56,301 million against JPY 47,391 million a year ago. Operating profit was JPY 18,656 million against JPY 15,031 million a year ago. Pre-tax profit was JPY 18,637 million against JPY 15,087 million a year ago. Net profit was JPY 12,541 million against JPY 10,201 million a year ago. Profit attributable to owners of the parent was JPY 11,796 million against JPY 9,433 million a year ago. Diluted earnings per share were JPY 36.41 against JPY 29.12 a year ago. Cash flows from operating activities produced an income of JPY 6,071 million, an increase of JPY 789 million year on year.

For the fiscal year ending March 31, 2017, on consolidated basis, the company expects net sales to be JPY 75,000 million, operating profit to be JPY 23,000 million, pre-tax profit to be JPY 23,000 million, net profit to be JPY 15,300 million, net profit attributable to owners of the company to be JPY 14,300 million and basic earnings per share to be JPY 44.18.