Results for the Three Months

Ended June 30, 2016

August 12, 2016

This datum is based on the data as of June 30, 2016. The opinion and forecast described here is based on our judgment at that time and may possibly be changed without notice.

Subject

  1. Operating results for the three moths

    ended June 30, 2016

  2. FY2017 earnings forecasts

1-1. Highlight

  • Net sales decreased year on year.

    Although sales to automotive went strong, sales and earnings deteriorated due to worsened sales to OA equipment, medical equipment and the impact of the strong yen.

  • Operating income decreased year on year.

    Although operating income in Asia increased sharply, but fixed costs increased due to new factory establishment in Saitama and Queretaro.

  • Ordinary income and Net income decreased year on year. Due to impact of strong yen.

1-2. Summary of Consolidated Financial results

for the Three Months Ended June 2016

FY2016 1Q

FY2017 1Q

Change

Amount

Ratio

Net Sales

4,893

4,368

△524

△10.7%

Operating Income

150

9

△141

△93.8%

Operating Income Margin

3.1%

0.2%

-

-

Ordinary

Income

151

△22

△173

-

Net Income

Attributable to Owners of the Parent

94

△61

△155

-

（Million Yen、％）

Advanex Inc. published this content on 12 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 August 2016 01:00:03 UTC.

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