Advanex Inc. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 4,899 million as compared to JPY 4,368 million a year ago. Operating income was JPY 71 million as compared to JPY 9 million a year ago. Ordinary income was JPY 83 million as compared to ordinary loss of JPY 22 million a year ago. Net income was JPY 47 million as compared to net loss of JPY 61 million a year ago. Net income per share after dilution was JPY 11.61 as compared to net loss per share of JPY 15.09 a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects to report net sales of JPY 20,000 million, operating income of JPY 400 million, ordinary income of JPY 380 million, net income of JPY 240 million and net income per share of JPY 58.80.