Ryoyo Electro Corporation reported consolidated earnings results for the nine months ended October 31, 2017. For the company reported net sales of JPY 68,590 million against JPY 72,965 million a year ago. Operating income was JPY 1,004 million against JPY 1,102 million a year ago. Ordinary income was JPY 1,149 million against JPY 1,136 million a year ago. Income before income taxes and minority interests was JPY 1,172 million against JPY 1,057 million a year ago. Profit attributable to owners of parent was JPY 804 million against JPY 683 million a year ago. Fully diluted net income per share was JPY 32.71 against JPY 27.74 a year ago. Net assets per share as of October 31, 2017 were JPY 2,638.72 against JPY 2,644.10 as of January 31, 2017.

For the year ending January 31, 2018, the company expects net sales of JPY 100,000 million, operating income of JPY 1,550 million, ordinary income of JPY 1,650 million, profit attributable to the owner of the parent of JPY 1,100 million and net income per share of JPY 44.89.