Star Micronics Co., Ltd. reported consolidated earnings results for the fiscal first quarter ended May 31, 2016. For the quarter, the company reported net sales were JPY 11,036 million against JPY 12,335 million for the same period prior year. Operating income was JPY 802 million against JPY 1,200 million for the same period prior year. Ordinary income was JPY 751 million against JPY 911 million for the same period prior year. Net income attributable to owners of parent was JPY 653 million or JPY 15.41 per diluted share against JPY 797 million or JPY 18.82 per diluted share for the same period prior year.

The company provided consolidated earnings guidance for the fiscal interim 2017 and full year ending February 28, 2017. For interim 2017, the company expects net sales of JPY 23,100 million, operating income of JPY 1,570 million, ordinary income of JPY 1,670 million, profit attributable to owners of the parent of JPY 1,400 million, and net income per share of JPY 34.43.

For the full year, the company expects net sales of JPY 48,800 million, operating income of JPY 4,500 million, ordinary income of JPY 4,700 million, profit attributable to owners of the parent of JPY 4,200 million, and net income per share of JPY 105.46.