Tabuchi Electric Co. Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 26,178 million against JPY 39,103 million a year ago. Operating loss was JPY 3,332 million against operating income of JPY 4,916 million a year ago. Ordinary loss was JPY 3,414 million against ordinary income of JPY 4,704 million a year ago. Net loss attributable to parent company was JPY 5,553 million or JPY 137.39 per share against net profit attributable to parent company of JPY 3,181 million or JPY 78.72 per share a year ago. Loss before income taxes and minority interests was JPY 4,627 million against profit before income taxes of JPY 4,790 million a year ago. Cash flows used in operating activities was JPY 2,940 million compared to cash flows from operating activities of JPY 2,940 million a year ago. Purchase of property, plant and equipment was JPY 1,540 million against JPY 2,912 million a year ago. Purchase of intangible assets was JPY 817 million against JPY 472 million a year ago.

The company provided consolidated earnings guidance for the first half of 2018 and full year ending March 31, 2018. For the first half of 2018, the company expects net sales of JPY 15,000 million, operating loss of JPY 500 million, ordinary loss of JPY 500 million, net loss attributable to parent company shareholders of JPY 500 million or JPY 12.37.

For the full year ending March 31, 2018, the company expects net sales of JPY 32,000 million, operating income of JPY 100 million, ordinary income of JPY 100 million, net profit attributable to parent company shareholders of JPY 0 million or JPY 0.0.