Takihyo Co., Ltd. reported consolidated earnings results for the first quarter ended May 31, 2017. For the quarter, the company reported net sales of JPY 18,655 million against JPY 21,126 million a year ago. Operating loss was JPY 93 million against operating income of JPY 908 million a year ago. Ordinary loss was JPY 45 million against ordinary income of JPY 840 million a year ago. Profit attributable to owners of parent was JPY 542 million against JPY 429 million a year ago. Net income per diluted share was JPY 11.52 against JPY 9.12 a year ago. Profit before income taxes was JPY 2,809 million against JPY 574 million a year ago.

For the first half of fiscal year ending February 28, 2018, the company expects net sales of JPY 37,500 million, operating income of JPY 300 million, ordinary income of JPY 300 million and profit attributable to owners of parent of JPY 2,900 million or net income per share of JPY 62.18.

For the fiscal year ending February 28, 2018, the company expects net sales of JPY 80,000 million, operating income of JPY 1,300 million, ordinary income of JPY 1,300 million and profit attributable to owners of parent of JPY 3,500 million or net income per share of JPY 375.23.

For the fiscal year ending February 28, 2018, the company expects dividend of JPY 20 per share compared to paid dividend JPY 4.00 per share a year ago.

For the second quarter, the company expects dividend of JPY 4.00 per share compared to paid dividend JPY 4.00 per share a year ago.