Hogy Medical Co. Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of JPY 27,792 million compared to JPY 27,055 million a year ago. Operating income was JPY 6,055 million compared to JPY 6,561 million a year ago. Ordinary income was JPY 5,979 million compared to JPY 6,701 million a year ago. Profit attributable to owners of parent of JPY 4,752 million compared to JPY 4,556 million a year ago. Profit per share of JPY 302.93 compared to JPY 289.68 a year ago. Income before income taxes was JPY 7,000 million compared to JPY 6,702 million a year ago. Net cash provided by operating activities was JPY 6,708 million compared to JPY 2,620 million a year ago. Purchase of tangible fixed assets was JPY 5,197 million compared to JPY 13,036 million a year ago. Purchase of intangible fixed assets was JPY 398 million compared to JPY 875 million a year ago.

The company revised consolidated earnings guidance for the fiscal year ending March 31, 2017. For the period, the company expects net sales of JPY 37,090 million, operating income of JPY 7,520 million, ordinary income of JPY 7,430 million, profit attributable to owners of parent of JPY 5,730 million and profit per share of JPY 366.17 compared to net sales of JPY 38,400 million, operating income of JPY 7,180 million, ordinary income of JPY 7,280 million, profit attributable to owners of parent of JPY 5,000 million and profit per share of JPY 317.90.