Iino Kaiun Kaisha Ltd. announced unaudited consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of JPY 62,381 million against JPY 72,475 million a year ago. Operating income was JPY 5,211 million against JPY 6,512 million a year ago. Ordinary income was JPY 4,377 million against JPY 6,559 million a year ago. Profit attributable to owners of the parent was JPY 3,814 million or JPY 34.37 per share against JPY 4,859 million or JPY 43.78 per share a year ago. Income before income taxes and minority was JPY 3,966 million against JPY 4,992 million.

The company provided earnings guidance for the year ending March 31, 2017. For the year, the company expects net sales of JPY 83,000 million, operating income of JPY 6,500 million, ordinary income of JPY 4,800 million and profit attributable to owners of parent of JPY 3,300 million or JPY 29.74 per share.