Yamada Denki Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2016. For the period, the consolidated company reported net sales of ¥1,612,736 million, operating income of ¥58,158 million, ordinary income of ¥62,734 million, profit attributable to owners of the parent of the company of ¥30,396 million or net income per dilute share of ¥38.16 compared to net sales of ¥1,664,371 million, operating income of ¥19,919 million, ordinary income of ¥35,538 million, profit attributable to owners of the parent of the company of ¥9,341 million or net income per diluted share of ¥11.72 for the same period last year. Return on equity was 6.0% against 1.8% a year ago. Income before income taxes was ¥51,070 million against ¥24,211 million a year ago. Net cash used in operating activities was ¥23 million against net cash provided from operating activities of ¥22,983 million a year ago. Purchases of property and equipment were ¥21,288 million against ¥28,455 million a year ago. Purchases of intangible assets were ¥612 million against ¥913 million a year ago.

For the first half ending September 30, 2016, the consolidated company expects revenue of ¥789,000 million, operating income of ¥23,200 million, ordinary income of ¥27,600 million, profit attributable to owners of the parent of the company of ¥12,700 million or net income per basic share of ¥15.83.

For the fiscal year ending March 31, 2017, the consolidated company expects revenue of ¥1,633,000 million, operating income of ¥71,400 million, ordinary income of ¥80,000 million, profit attributable to owners of the parent of the company of ¥42,500 million or net income per basic share of ¥52.97.