Kyoden Co. Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 13,566 million compared to JPY 13,353 million a year ago. Operating income was JPY 651 million compared to JPY 505 million a year ago. Ordinary income was JPY 643 million compared to JPY 151 million a year ago. Net income attributable to owners of parent was JPY 484 million compared to JPY 27 million a year ago. Net income per share was JPY 9.75 compared to JPY 0.55 a year ago.

The company provided consolidated earnings guidance for the year ending March 2018. For the period, the company expected net sales of JPY 55,000 million, operating income of JPY 2,300 million, ordinary income of JPY 2,100 million, net income attributable to owners of parent of JPY 1,500 million and net income per share of JPY 30.19.