Morinaga & Co., Ltd. reported consolidated earnings results for the third quarter ended December 31, 2016. For the period, the company reported net sales of JPY 150,853 million against JPY 138,657 million a year ago. Operating income was JPY 16,881 million against JPY 10,804 million a year ago. Ordinary income was JPY 17,323 million against JPY 11,187 million a year ago. Profit attributable to owners of parent was JPY 11,744 million against JPY 7,695 million a year ago. Net income per share was JPY 225.67 against JPY 147.84 a year ago.

For the year ending March 31, 2017, the company expects net sales of JPY 192,000 million, operating income of JPY 16,500 million, ordinary income of JPY 17,000 million and profit attributable to owners of parent of JPY 11,500 million or JPY 220.96 per share.