Arisawa Manufacturing Co., Ltd. reported consolidated and non- consolidated earnings results for the full year ended March 31, 2016. For the period, on consolidated basis, the company reported sales of JPY 37,228 million compared to JPY 37,589 million for the same period a year ago. Operating income was JPY 2,957 million compared to JPY 2,935 million a year ago. Ordinary income was JPY 3,510 million compared to JPY 4,503 million a year ago. Profit attributable to owners of the parent was JPY 2,716 million compared to JPY 4,859 million a year ago. Fully diluted net income per share was JPY 75.95 compared to JPY 136.76 a year ago. Return on equity attributable to owners of the parent was 5.9% compared to 11.0% a year ago. Income before taxes was JPY 3,927.357 million compared to JPY 7,236.468 million a year ago. Cash flow from operating activities was JPY 4,548 million compared to JPY 2,293 million a year ago. Purchase of property, plant and equipment was JPY 1,542.408 million compared to JPY 1,191.187 million a year ago. Purchase of intangible assets was JPY 17.309 million compared to JPY 20.471 million a year ago.

For the year, on non-consolidated basis, the company reported sales of JPY 25,793 million compared to JPY 27,578 million for the same period a year ago. Operating income was JPY 1,400 million compared to JPY 1,553 million a year ago. Ordinary income was JPY 2,542 million compared to JPY 2,539 million a year ago. Net income was JPY 2,219 million compared to JPY 3,706 million a year ago. Fully diluted net income per share was JPY 62.06 compared to JPY 104.30 a year ago.

The company announced year-end dividend for the year ended March 31, 2016 of JPY 23.00 per share compared to JPY 35.00 per share for the same period a year ago. Scheduled date of commencement of dividend payment is June 27, 2016.

The company provided consolidated earnings guidance for the six months ending September 30, 2016 and full year ending March 31, 2017. For the six months, the company expects sales of JPY 18,000 million, operating profit of JPY 1,000 million, ordinary profit of JPY 1,600 million and net profit attributable to owners of the parent of JPY 1,150 million or JPY 32.30 per share.

For the full year ending March 31, 2017, the company expects sales of JPY 36,600 million, operating profit of JPY 2,200 million, ordinary profit of JPY 3,300 million and net profit attributable to owners of the parent of JPY 2,350 million or JPY 66.00 per share.