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Casio Computer Q1 Profit Rises; Sees Higher Results In H1, FY16 - Quick Facts

Casio Computer Co., Ltd. (CSIOF.PK,CSIOY.PK), a Japanese manufacturer of consumer electronics, reported Wednesday that its first-quarter attributable profit climbed 44.5 percent to 6.65 billion yen from last year's 4.60 billion yen. Earnings per share were 24.97 yen, higher than 17.11 yen a year ago.

Operating income grew 29.1 percent to 9.06 billion yen. Net sales increased 10 percent to 79.46 billion yen from 72.21 billion yen last year.

Looking ahead for the first half of fiscal 2016, the company expects attributable profit of 13 billion yen or 49.74 yen per share, a growth of 25.3 percent from last year, and net sales of 170 billion yen, a growth of 6.3 percent.

For fiscal 2016, the company expects attributable profit of 33 billion yen or 126.27 yen per share, a growth of 25 percent from last year, and net sales of 370 billion yen, a growth of 9.3 percent.

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