ARRK Corporation reported consolidated earnings results for the six months ended September 30, 2016. For the period, the company has posted net sales of ¥21,296 million against ¥22,755 million a year ago. Operating loss was ¥683 million against ¥961 million a year ago. Ordinary income was ¥328 million against ¥851 million compared to ¥1,186 million a year ago. Loss attributable to owners of parent was ¥69 million compared to profit attributable to owners of parent of ¥471 million a year ago. Net loss per share was ¥0.19 compared to net income per share of ¥1.32 a year ago. Profit before income taxes was ¥144 million against ¥870 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.