ARRK Corporation reported consolidated earnings results for the nine months ended Dec. 31, 2016. For the period, the company has posted net sales of ¥31,999 million against ¥35,000 million a year ago. Operating income was ¥1,144 million against ¥1,787 million a year ago. Ordinary income was ¥831 million against ¥1,675 million a year ago. Income attributable to owners of parent was ¥548 million compared to profit attributable to owners of parent of ¥983 million a year ago. Net loss per share was ¥1.36 compared to net income per share of ¥2.43 a year ago. Profit before income taxes was ¥984 million against ¥1,613 million a year ago. Net cash provided by operating activities was ¥538 million against ¥716 million a year ago. Purchase of property, plant and equipment was ¥1,782 million against ¥1,744 million a year ago.

The company provided earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of ¥45,500 million, operating income of ¥2,550 million, ordinary income of ¥2,300 million, profit attributable to owners of parent of ¥1,250 million or ¥3.51 per share.