6770 ALPS Electric Q3 2016 Earnings / Profit warning

Quarterly Earnings

ALPS Electric Q3 2016 Earnings

Sales: 586,884  (Yen in millions)
Operating Income: 44,766
Ordinary Income: 43,982  / Consensus: 50,615
Net Income: 37,214
EPS: 198.76  (Yen)

Profit warning

Alps Electric issues a profit warning.

Previous earnings forecast
Sales: 778,000  (Yen in millions)
Operating Income: 60,500
Ordinary Income: 59,500
Net Income: 49,500
EPS: 268.23  (Yen)
Revised forecast
Sales: 775,000  (Yen in millions)
Operating Income: 52,500
Ordinary Income: 51,500
Net Income: 40,000
EPS: 213.64  (Yen)