Shinko Electric Industries Co., Ltd. announced consolidated earnings results for the nine months ended December 2016. For the period, the company reported net sales of JPY 105,052 million compared to JPY 108,006 million a year ago. Operating income was JPY 2,138 million compared to JPY 7,791 million a year ago. Ordinary income was JPY 2,608 million compared to JPY 11,037 million a year ago. Profit attributable to owners of parent was JPY 2,537 million compared to JPY 4,180 million a year ago. Basic earnings per share was JPY 18.78 compared to JPY 30.95 a year ago.

For the year ending March 31, 2017, on consolidated basis, the company expects net sales of JPY 137,600 million, operating income of JPY 1,200 million, ordinary income of 1,700, profit attributable to owners of parent of JPY 1,700 million and basic earnings per share of JPY 12.58.