Eizo Corp. announced its fourth quarter and full year financial results for fiscal year 2017 ended March 31, 2018. Net sales for Q4 FY17 were ¥22,578 million ($205 million), an increase of 10.4%, compared to ¥20,447 million ($185 million) reported in Q4 FY16. Net income for Q4 FY17 was ¥1,751 million ($15.9 million), an increase of 64.4%, compared to ¥1,065 million ($9.65 million) in Q4 FY2016.
Net sales for FY2017 were ¥84,075 million ($762 million), an increase of 7.4%, compared to ¥78,284 million ($709 million) reported in FY2016. Net income for FY2017 was ¥7,138 million ($64.71 million), an increase of 26.1%, compared to ¥5,661 million ($51.32 million) in FY2016.
In fiscal year 2018, the company expects net sales of ¥84,000 million ($761 million) and net income of ¥6,300 million ($57 million) a decrease of 11.7%, compared to fiscal year 2017.
