Dai-ichi Seiko Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended December 31, 2016. For the year, on consolidated basis, the company's net sales were ¥45,834 million compared with ¥48,749 million a year ago. Operating income was ¥401 million compared with ¥1,723 million a year ago. Ordinary income was ¥800 million compared with ¥2,344 million a year ago. Net income was ¥157 million or ¥9.41 per share compared with ¥2,355 million or ¥140.83 per share a year ago. Return on equity was 0.3% compared with 5.2% a year ago. Cash flows from operating activities were ¥4,535 million compared with ¥6,448 million a year ago.

On non-consolidated basis, the company's net sales were ¥38,178 million compared with ¥40,788 million a year ago. Operating loss was ¥1,718 million compared with ¥551 million a year ago. Ordinary loss was ¥764 million compared with operating income of ¥2,755 million a year ago. Net loss was ¥674 million or ¥40.35 per share compared with net income of ¥3,477 million or ¥207.92 per share a year ago.

For the six months ending June 30, 2017, the company forecasts net sales of ¥23,400 million, operating income of ¥350 million, ordinary income of ¥550 million, net income attributable to owners of parent of ¥320 million or ¥19.14 per share.

For the year ending December 31, 2017, the company forecasts net sales of ¥50,000 million, operating income of ¥2,000 million, ordinary income of ¥2,200 million, net income attributable to owners of parent of ¥1,500 million or ¥89.70 per share.