NHK Spring Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2016. For the quarter, the company reported net sales of JPY 299,643 million compared to JPY 311,123 million a year ago. Operating income was JPY 16,766 million compared to JPY 15,541 million a year ago. Ordinary Income was JPY 14,071 million compared to JPY 17,078 million a year ago. Profit attributable to owners of parent was JPY 10,218 million compared to JPY 11,309 million a year ago. Diluted net income per share was JPY 41.29 compared to JPY 45.70 a year ago. Profit before income taxes was JPY 14,776 million compared to JPY 17,009 million a year ago.

For the year ending March 31, 2017, the company expects consolidated net sales to be of JPY 621,000 million. Operating income expected to be of JPY 33,000 million. Ordinary income expected to be of JPY 34,000 million. Net income attributable to owners of parent expected to be of JPY 22,000 million. Basic net income per share expected to be of JPY 90.58.