Precision System Science Co., Ltd. reported consolidated earnings results for the year ended June 30, 2016. For the year, net sales were JPY 4,458 million against JPY 5,143 million a year ago. Operating loss was JPY 737 million against JPY 320 million a year ago. Ordinary loss was JPY 821 million against JPY 172 million a year ago. Net loss attributable to parent company shareholders was JPY 1,582 million or JPY 78.29 per share against JPY 215 million or JPY 11.79 per share a year ago. NAV was JPY 163.37 against JPY 202.47 as on June 30, 2016. Loss before income taxes and others was JPY 1,730,465,000 against JPY 178,558,000 a year ago. Net cash flow from operating activities was JPY 72,149,000 against cash outflow from operating activities of JPY 1,362,603,000 a year ago. Purchase of property, plant and equipment was JPY 266,272,000 against JPY 204,913,000 a year ago. Purchase of non-tangible asset was JPY 4,365,000 against JPY 2,838,000 a year ago.

For the six months ending December 31, 2016, the company expects sales of JPY 2,100 million, operating loss of JPY 380 million, ordinary loss of JPY 390 million and net loss attributable to parent company shareholders of JPY 395 million or JPY 19.03 per share.

For the fiscal year ending June 30, 2017, the company expects sales of JPY 4,400 million, operating loss of JPY 590 million, ordinary loss of JPY 610 million and net loss attributable to parent company shareholders of JPY 620 million or JPY 29.87 per share.