Hitachi Construction Machinery Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported revenue of JPY 334,937 million compared to JPY 365,090 million a year ago. Adjusted operating income was JPY 6,026 million compared to JPY 16,444 million a year ago. Operating income was JPY 4,367 million compared to JPY 16,035 million a year ago. Income before income taxes was JPY 3,645 million compared to JPY 10,894 million a year ago. Net income was JPY 3,959 million compared to JPY 7,994 million a year ago. Net income attributable to owners of the parent was JPY 2,265 million or JPY 10.65 per share Basic and diluted compared to JPY 6,844 million or JPY 32.19 per share Basic and diluted a year ago. Net cash provided by operating activities was JPY 40,477 million compared to JPY 51,947 million a year ago. Capital expenditures were JPY 7,833 million compared to JPY 7,031 million a year ago. Acquisition of intangible assets was JPY 1,215 million compared to JPY 917 million a year ago.

For the fiscal year ending March 31, 2017, the company expects revenue to be JPY 700,000 million, operating income to be JPY 28,000 million, Income before income taxes to be JPY 15,000 million and net income attributable to owners of the parent to be JPY 5,000 million or JPY 23.51.