Conexio Corporation reported non-consolidated financial results for the six months ended September 30, 2016. For the quarter, the company reported net sales of JPY 120,235 million against JPY 128,636 million a year ago. Operating income was JPY 3,762 million against JPY 4,033 million a year ago. Ordinary income was JPY 3,808 million against JPY 4,075 million a year ago. Profit for the period was JPY 2,483 million or JPY 55.50 per share against JPY 2,523 million or JPY 56.41 per share a year ago. Income before income taxes was JPY 3,767 million against JPY 3,960 million a year ago. Net cash provided by operating activities of JPY 4,825 million compared to JPY 5,519 million a year ago. Purchase of property, plant and equipment was JPY 560 million compared to JPY 542 million a year ago. Purchase of intangible assets was JPY 143 million compared to JPY 121 million a year ago.

The company provided earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales of JPY 270,000 million, operating income of JPY 9,210 million, ordinary income of JPY 9,300 million and profit of JPY 5,700 million or JPY 127.41 per share.

The company declared dividend for the second quarter ended September 30, 2016. For the period, the company declared dividend of JPY 26 per share compared to JPY 22.50 per share paid in same period a year ago. The dividend will be payable on December 6, 2016.

The company provided dividend guidance for the year ending March 31, 2017. For the period, the company expected dividend of JPY 26 per share compared to JPY 25.50 per share paid in the same period a year ago.