Sankyo Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥9,371 million against ¥35,947 million a year ago. Operating loss was ¥2,662 million against operating income of ¥5,770 million a year ago. Recurring loss was ¥2,494 million against recurring income of ¥6,202 million a year ago. Loss before income taxes and minority interests was ¥2,510 million against income before income taxes and minority interests of ¥6,195 million a year ago. Loss attributable to owners of parent was ¥1,910 million or ¥23.58 per share against profit attributable to owners of parent of ¥4,282 million or ¥50.05 diluted per share a year ago.

The company provided earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales of ¥135,000 million, operating income of ¥16,000 million, recurring income of ¥16,800 million and profit attributable to owners of parent of ¥11,100 million or ¥137.00 per share.