YASKAWA Electric Corporation reported consolidated earnings results for the first nine months ended December 20, 2016. For the period, the company reported net sales of JPY 284,679 million against JPY 306,421 million a year ago. Operating income was JPY 21,618 million against JPY 27,190 million a year ago. Ordinary income was JPY 22,491 million against JPY 27,613 million a year ago. Profit attributable to owners parent was JPY 14,721 million against JPY 18,245 million a year ago. Earnings per basic share were JPY 55.28 against JPY 69.30 a year ago. Income before income taxes and minority interests was JPY 21,604 million against JPY 27,133 million a year ago. Net cash provided by operating activities was JPY 27,062 million against JPY 22,451 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 11,653 million against JPY 16,116 million a year ago.

The company provided consolidated earnings guidance for the fiscal year ending March 20, 2017. For the period, the company expects net sales of JPY 395,000 million, operating income of JPY 31,000 million, ordinary income of JPY 31,500 million, profit attributable to owners parent of JPY 20,000 million and earnings per share of JPY 75.10.