Showa Aircraft Industry Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported sales of JPY 5,044 million against JPY 5,397 million a year ago. Operating income was JPY 230 million against JPY 287 million a year ago. Net quarterly income was JPY 186 million or JPY 5.73 per share against JPY 169 million or JPY 5.19 per share a year ago. Equity ratio was 50%.

For the half year of financial year ending March 31, 2017, the company expects sales of JPY 11,500 million. Operating income of JPY 700 million. Recurring profit of JPY 600 million. Net income of JPY 350 million. Net income per share of JPY 10.73.

For the financial year ending March 31, 2017, the company expects sales of JPY 24,500 million. Operating income of JPY 1,700 million. Recurring profit of JPY 1,450 million. Net income of JPY 850 million. Net income per share of JPY 26.06.