Yutaka Giken Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company reported revenue of JPY 37,804 million against JPY 40,408 million a year ago. Operating profit was JPY 2,826 million against JPY 3,445 million a year ago. Profit before tax was JPY 1,853 million against JPY 3,372 million a year ago. Profit attributable to owners of parent was JPY 820 million against JPY 1,615 million a year ago. Basic earnings per share were JPY 55.32 against JPY 108.98 a year ago. Net cash flows from operating activities were JPY 2,572 million against JPY 5,575 million a year ago. Purchase of property, plant and equipment was JPY 2,761 million against JPY 3,369 million a year ago. Purchase of intangible assets was JPY 51 million against JPY 133 million a year ago.

The company revised earnings guidance for the six months ending September 30, 2016 and full year ending March 31, 2017. For the six months ending September 30, 2016, the company expects consolidated revenue of JPY 73,000 million, operating profit of JPY 5,300 million, profit before tax of JPY 4,400 million and profit attributable to owners of parent of JPY 2,400 million or JPY 161.96 per basic share.

For the year ending March 31, 2017, the company expects consolidated revenue of JPY 151,000 million, operating profit of JPY 11,200 million, profit before tax of JPY 10,200 million and profit attributable to owners of parent of JPY 5,100 million or JPY 344.16 per basic share.