TerraSky co., Ltd. reported consolidated and non-consolidated financial results for the fiscal year ended February 28, 2017, provides financial guidance for the fiscal year ending February 28, 2018. For the year on consolidated basis, the company reported Net sales were JPY 3,534 million against JPY 2,479 million for the same period a year ago. Operating income was JPY 202 million against JPY 260 million for the same period a year ago. Ordinary income was JPY 216 million against JPY 243 million for the same period a year ago. Net income attributable to owners of parent was JPY 128 million against JPY 150 million for the same period a year ago. Net income per share was JPY 46.65 against JPY 56.46 for the same period a year ago. Diluted net income per share was JPY 44.44 against JPY 53.57 for the same period a year ago. Return on equity was 12.2% against 21.7% for the same period a year ago. Net assets per share was JPY 414.58 against JPY 692.01 for the same period a year ago. Net cash used in operating activities was JPY 92 million against net cash provided by operating activities of JPY 119 million.

For the year, on non- consolidated basis, net sales were JPY 3,020 million against JPY 2,401 million for the same period a year ago. Operating income was JPY 188 million against JPY 308 million for the same period a year ago. Ordinary income was JPY 208 million against JPY 308 million for the same period a year ago. Net income per share was JPY 42.17 against JPY 66.15 for the same period a year ago. Diluted net income per share was JPY 40.23 against JPY 64.46 for the same period a year ago. Net income was JPY 119 million against JPY 181 million for the same period a year ago.
Net assets per share JPY was 408.68 against JPY 366.45 for the same period a year ago.

For the year ending February 28, 2018, the company expects net sales of JPY 5,044 million. Expected operating income is JPY 215 million. Expected ordinary income is JPY 253 million. Expected net income attributable to owners of parent is JPY 150 million. Expected Net income per share is JPY 54.35.