Sanden Holdings Corporation reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported sales of JPY 71,631 million compared to JPY 69,659 million a year ago. Operating income was JPY 1,055 million compared to operating loss of JPY 984 million a year ago. Ordinary income was JPY 1,691 million against ordinary loss of JPY 3,041 million a year ago. Profit before income taxes was JPY 1,728 million against loss before income taxes of JPY 2,749 million a year ago. Net income was JPY 1,284 million or JPY 9.30 per basic share compared to net loss of JPY 2,131 million or JPY 15.43 per basic share a year ago.

For the year ending March 31, 2018, the company expects sales of JPY 285,000 million, operating income of JPY 5,000 million, income before extraordinary items of JPY 4,000 million and net income of JPY 2,000 million or JPY 72.40 per basic share.