Toppan Forms Co., Ltd. reported consolidated earnings results for the year ended March 31, 2016. For the year, net sales were JPY 273,217 million against JPY 265,886 million a year ago. Operating income was JPY 13,674 million against JPY 12,606 million a year ago. Ordinary income was JPY 14,592 million against JPY 13,432 million a year ago. Net income attributable to owners of parent was JPY 9,360 million against JPY 7,835 million a year ago. Net cash provided by operating activities was JPY 14,362 million against JPY 26,419 million a year ago.

For the fiscal year ending March 31, 2017, the company now expects net sales of JPY 275,000 million compared to JPY 273,217 million of previous guidance, operating income of JPY 14,000 million compared to JPY 13,674 million of previous guidance, ordinary income of JPY 14,700 million compared to JPY 14,592 million of previous guidance, net income of JPY 9,400 million compared to JPY 9,360 million of previous guidance.