Nisshin Steel Co., Ltd. announced consolidated earnings results for nine months ended December 31, 2016. For the quarter, the company reported net sales of JPY 381,708 million, operating income of JPY 5,784 million, ordinary income of JPY 2,398 million, profit attributable to owners of parent of JPY 231 million or JPY 2.11 income per share compared to net sales of JPY 409,920 million, operating income of JPY 6,930 million, ordinary income of JPY 4,552 million a year ago.

For the year ending March 31, 2017, the company expects net sales of JPY 512,000 million, operating income of JPY 8,500 million, ordinary income of JPY 5,500 million, profit attributable to owners of parent of JPY 1,000 million or JPY 9.12 income per share.