Parco Co. Ltd. announced consolidated earnings results for the first quarter ended May 31, 2016. For the quarter, the company's net sales were ¥68,208 million compared with ¥70,620 million a year ago. Operating income was ¥3,231 million compared with ¥3,363 million a year ago. Ordinary income was ¥3,157 million compared with ¥3,314 million a year ago. Profit attributable to owners of parent was ¥1,725 million or ¥17.01 per basic share compared with ¥1,965 million or ¥19.37 per basic share a year ago. Income before income taxes and minority interests was ¥2,683 million compared with ¥3,197 million a year ago. Net cash provided by operating activities was ¥2,760 million compared with ¥2,549 million a year ago. Purchase of property, plant and equipment was ¥2,123 million compared with ¥5,593 million a year ago.

For the six months ending August 31, 2016, the company forecasts net sales of ¥139,450 million, operating income of ¥7,150 million, ordinary income of ¥6,950 million, profit attributable to owners of parent of ¥4,100 million or ¥40.41 per share.

For the year ending February 28, 2017, the company forecasts net sales of ¥280,150 million, operating income of ¥13,500 million, ordinary income of ¥13,800 million, profit attributable to owners of parent of ¥7,850 million or ¥77.37 per share.