Nittoku’s FY 2015/16 net income down 34.5% y/y USD14 million

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Financial results

Expects net income to grow 27% y/y in FY 2016/17

Nittoku has reported a 34.5% year-on-year (y/y) decline in net income to JPY1.6 billion (USD14 million, 31 March 2016), says a company press release.

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