AOI Electronics Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 10,761 million against JPY 10,589 million a year ago. Operating income was JPY 1,324 million against JPY 1,704 million a year ago. Ordinary income was JPY 1,088 million against JPY 1,859 million a year ago. Net income attributable to the company was JPY 909 million against JPY 1,208 million a year ago. Net income per share was JPY 75.82 against JPY 100.69 a year ago.

The company provided dividend guidance for the second quarter of 2016 and fiscal year ending March 31, 2017. For the quarter, the company expects to pay a dividend of JPY 26.00 per share compared with JPY 26.00 per for the same period a year ago.

For the fiscal year-end, the company expects to pay a dividend of JPY 27.00 per share compared with JPY 27.00 per for the same period a year ago.

For the first half of 2016, the company expects to report consolidated net sales of JPY 21,200 million, operating income of JPY 2,570 million, ordinary income of JPY 2,570 million, net income attributable to the company of JPY 1,655 million, and net income per share of JPY 137.92.

For the year ending March 31, 2017, the company expects to report consolidated net sales of JPY 45,000 million, operating income of JPY 5,400 million, ordinary income of JPY 5,400 million, net income attributable to the company of JPY 3,650 million, and net income per share of JPY 304.18.