Fuji Electric Industry Co. Ltd. announced earnings results for the year ended January 31, 2017. For the year, the company reported net sales of ¥3,769,932,000, operating profit of ¥444,687,000, ordinary profit of ¥467,440,000, income before income taxes of ¥439,885,000, diluted net income per share of ¥41.01 diluted per share, return on equity of 2.4%, net assets per share of ¥1,741.34,000, net cash provided by operating activities of ¥485,664,000, purchase of property, plant and equipment of ¥1,166,039,000, purchase of intangible assets of ¥9,560,000 compared to the net sales of ¥3,899,612,000, operating profit of ¥290,740,000, ordinary profit of ¥311,874,000, income before income taxes of ¥346,720,000, diluted net income per share of ¥50.22 diluted per share, return on equity of 2.9%, net assets per share of ¥1,733.82,000, net cash provided by operating activities of ¥516,451,000, purchase of property, plant and equipment of ¥438,496,000, purchase of intangible assets of ¥5,960,000 for the previous year.

The company provided earnings guidance for the interim period and fiscal year ending January 31, 2019. For the interim period, the company expects net sales of JPY 2,170 million, operating income of JPY 209 million, ordinary income of JPY 218 million and net income of JPY 151 million or JPY 25.65 per share.

For the year, the company expects net sales of JPY 4,300 million, operating income of JPY 430 million, ordinary income of JPY 447 million and net income of JPY 309 million or JPY 52.56 per share.