ALPINE ELECTRONICS INC Company Name: Alpine Electronics, Inc.
Representative: Nobuhiko Komeya, President
February 7, 2017
Code Number: 6816 (First Section of the Tokyo Stock Exchange) Inquiries: Hitoshi Kajiwara, Managing Director,
Administration
TEL: +81-3-3494-1101 (from overseas)
Parent Company: ALPS ELECTRIC CO., LTD. Representative: Toshihiro Kuriyama, President
Code Number: 6770 (First Section of the Tokyo Stock Exchange)
(Amendment and Correction of Numerical Data) Amendment to Part of "Consolidated Financial Results for the First Nine Months of the Fiscal Year Ending March 31, 2017 " Alpine Electronics, Inc. (the "Company") hereby announces that an amendment is needed for part of the content of "Consolidated Financial Results for the First Nine Months of the Fiscal Year Ending March 31, 2017 " released on January 27, 2017, as described below.The underlined portions below indicate the amended text.
Reason for amendment
The Company has amended a part of the content of "Consolidated quarterly statements of (comprehensive) income" because of errors.
Amended part
Pages 6 and 7 of the accompanying materials
Consolidated Quarterly Financial Statements
(Before amendment)
(2) Consolidated quarterly statements of (comprehensive) income (Millions of yen) | |
First nine months ended First nine months ended December 31, 2015 December 31, 2016 | |
Net sales | 205,446 181,390 |
Cost of sales | 173,943 150,209 |
Gross profit | 31,503 31,181 |
Selling, general and administrative expenses | 27,185 26,553 |
Operating income | 4,317 4,627 |
Non-operating income | |
Interest income | 237 120 |
Dividend income | 316 288 |
Share of profit of entities accounted for using equity | 395 2,127 |
method | |
Other | 448 308 |
Total non-operating income | 1,398 2,845 |
Non-operating expenses | |
Interest expenses | 355 11 |
Foreign exchange losses | 291 15 |
Sales discounts | 112 74 |
Commission fee | 49 49 |
Overseas withholding tax | - 179 |
Other | 59 96 |
Total non-operating expenses | 868 427 |
Ordinary income | 4,847 7,045 |
Extraordinary income | |
Gain on sales of non-current assets | 38 49 |
Gain on sales of investment securities | - 127 |
Gain on sales of shares of subsidiaries and associates | 15,620 6,268 |
Other | 10 6 |
Total extraordinary income | 15,669 6,451 |
Extraordinary losses | |
Loss on sales and retirement of non-current assets | 39 26 |
Total extraordinary losses | 39 26 |
Profit before income taxes | 20,477 13,470 |
Income taxes - current | 7,389 4,960 |
Income taxes - deferred | 1,737 379 |
Total income taxes | 9,127 5,340 |
Profit | 11,350 8,130 |
Profit attributable to | |
Profit attributable to owners of parent | 11,164 7,967 |
Profit attributable to non-controlling interests | 185 163 |
Other comprehensive income | |
Valuation difference on available-for-sale securities | 162 842 |
Deferred gains or losses on hedges | 1 1 |
Foreign currency translation adjustment | (784) (2,960) |
Remeasurements of defined benefit plans, net of tax | 260 72 |
Share of other comprehensive income of entities | (1,604) (3,119) |
accounted for using equity method | |
Total other comprehensive income | (1,964) (5,163) |
Comprehensive income | 9,385 2,967 |
Comprehensive income attributable to | |
Comprehensive income attributable to owners of parent | 9,264 2,766 |
Comprehensive income attributable to non-controlling | 121 201 |
interests | |
(After amendment)
(2) Consolidated quarterly statements of (comprehensive) income (Millions of yen) | |
First nine months ended First nine months ended December 31, 2015 December 31, 2016 | |
Net sales | 205,446 181,390 |
Cost of sales | 173,943 150,209 |
Gross profit | 31,503 31,181 |
Selling, general and administrative expenses | 27,185 26,553 |
Operating income | 4,317 4,627 |
Non-operating income | |
Interest income | 237 120 |
Dividend income | 316 288 |
Share of profit of entities accounted for using equity method | 395 2,127 |
Other | 448 308 |
Total non-operating income | 1,398 2,845 |
Non-operating expenses | |
Interest expenses | 355 11 |
Foreign exchange losses | 291 15 |
Sales discounts | 112 74 |
Commission fee | 49 49 |
Overseas withholding tax | - 179 |
Other | 59 96 |
Total non-operating expenses | 868 427 |
Ordinary income | 4,847 7,045 |
Extraordinary income | |
Gain on sales of non-current assets | 38 49 |
Gain on sales of investment securities | - 127 |
Gain on sales of shares of subsidiaries and associates | 15,620 6,268 |
Other | 10 6 |
Total extraordinary income | 15,669 6,451 |
Extraordinary losses | |
Loss on sales and retirement of non-current assets | 39 26 |
Total extraordinary losses | 39 26 |
Profit before income taxes | 20,477 13,470 |
Income taxes - current | 7,389 4,960 |
Income taxes - deferred | 1,737 379 |
Total income taxes | 9,127 5,340 |
Profit | 11,350 8,130 |
Profit attributable to | |
Profit attributable to owners of parent | 11,164 7,967 |
Profit attributable to non-controlling interests | 185 163 |
Other comprehensive income | |
Valuation difference on available-for-sale securities | 162 880 |
Deferred gains or losses on hedges | 1 1 |
Foreign currency translation adjustment | (784) (170) |
Remeasurements of defined benefit plans, net of tax | 260 72 |
Share of other comprehensive income of entities accounted for using equity method | (1,604) (5,947) |
Total other comprehensive income | (1,964) (5,163) |
Comprehensive income | 9,385 2,967 |
Comprehensive income attributable to | |
Comprehensive income attributable to owners of parent | 9,264 2,766 |
Comprehensive income attributable to non-controlling interests | 121 201 |
Alpine Electronics Inc. published this content on 15 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 February 2017 05:38:11 UTC.
Original documenthttp://www.alpine.com/e/investor/library/pdf/kessai/ja/2016l_en.pdf
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