Kawanishi Holdings, Inc. announced consolidated earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported net sales of ¥25,459 million against ¥23,103 million a year ago. Operating income was ¥41 million against operating loss of ¥72 million a year ago. Ordinary income was ¥52 million against ordinary loss of ¥70 million a year ago. Net income attributable to owners of parent was ¥20 million or ¥3.72 basic per share against net loss attributable to owners of parent of ¥72 million or ¥12.94 basic per share a year ago.

The company provided consolidated earnings guidance for the first half and full year ending June 30, 2017. For the first half, the company reported net sales of ¥52,885 million, operating income of ¥463 million, ordinary income of ¥462 million and net income attributable to owners of parent was ¥259 million or ¥46.29 basic per share.

For the full year, the company reported net sales of ¥105,069 million, operating income of ¥816 million, ordinary income of ¥808 million and net income attributable to owners of parent was ¥492 million or ¥87.77 basic per share.