Tera Probe Inc. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥4,116 million against ¥5,752 million a year ago. Operating income was ¥353 million against ¥697 million a year ago. Ordinary income was ¥350 million against ¥698 million a year ago. Net income attributable to owners of the parent company was ¥156 million or ¥16.83 per basic share against ¥465 million or ¥50.13 per basic share a year ago. Profit before income taxes was ¥311.158 million against ¥717.209 million a year ago. Net cash provided by operating activities was ¥1,766.979 million against ¥1,046.198 million a year ago. Purchase of property, plant and equipment was ¥3,268.099 million against ¥2,407.434 million a year ago. Purchase of intangible assets was ¥17.578 million against ¥14.893 million a year ago.

For the first half ending September 30, 2016, the company expects net sales of ¥8,550 million, operating income of ¥750 million, ordinary income of ¥710 million and net income attributable to owners of the parent company of ¥240 million or ¥25.86 per share.