Showa Corporation reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company's net sales were ¥186,274 million against ¥193,408 million a year ago. Operating income was ¥11,778 million against ¥14,950 million a year ago. Profit before taxes was ¥11,171 million against ¥15,347 million a year ago. Profit attributable to owners of the parent was ¥17,311 million against ¥7,809 million a year ago. Basic earnings per share was ¥227.89 against ¥102.81 a year ago.

For the year ending March 31, 2017, the company expects net sales of ¥250,000 million, operating income of ¥8,500 million, profit before taxes of ¥8,500 million and profit for the year attributable to owners of the parent of ¥16,600 million or ¥218.52 per basic share.