Sanshin Electronics Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 123,944 million compared to JPY 153,680 million a year ago. Operating profit was JPY 422 million compared to JPY 1,418 million a year ago. Ordinary loss was JPY 1,328 million compared to profit of JPY 1,346 million a year ago. Net loss before tax and other adjustments was JPY 1,350 million compared to profit of JPY 1,344 million a year ago. Net profit attributable to shareholders of parent company was JPY 1,716 million or JPY 60.92 per share compared to profit of JPY 906 million or JPY 32.16 per share a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of JPY 164,600 million, operating profit of JPY 350 million, ordinary loss of JPY 1,150 million and net loss attributable to shareholders of parent company of JPY 1,620 million or JPY 57.49 per share.