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Latest Update : May 25, 2016
Back to Financial Results (FY3/2016)
Investor Meeting Presentation for FY 3/2016 held on May 10, 2016
Net income for the fiscal year ended March 31, 2016 was down 8.8% year on year to total 36.4 billion yen while net income per share amounted to 97.3 yen. This decline was less than the operating income drop since net extraordinary income improved considerably to reach 0.3 billion yen. Extraordinary income included a 3.3 billion yen insurance payout related to the 2011 Thai floods and a 1.0 billion yen government subsidy for J3DD. Extraordinary losses included a loss of 1.5 billion yen related to a change in our US subsidiary's retirement benefit plan and a 0.9 billion yen loss at J3DD for machinery acquired with the government subsidy that was recorded according to the reduction entry method. In the fiscal year ending March 2017 we expect a net income of 31.0 billion yen along with a lower operating income.
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