Earth Chemical Co., Ltd. reported consolidated earnings results for the year ended December 31, 2016. For the year, on consolidated basis, net sales were ¥168,505 million compared to ¥159,739 million for the last year. Operating income was ¥5,549 million compared to ¥4,016 million for the last year. Ordinary income was ¥5,991 million compared to ¥4,260 million for the last year. Net income was ¥3,364 million compared to ¥1,165 million for the last year. Net income per share was ¥166.60 compared to ¥57.69 for the last year. Cash flow from operating activities was ¥8,089 million compared to ¥3,791 million for the last year.

For the six months ending June 30, 2017, the company expects net sales of ¥102,000 million, operating income of ¥11,600 million, ordinary income of ¥11,800 million and profit attributable to owners of parent of ¥7,300 million or ¥361.46 per share.

For the fiscal year ending December 31, 2017, the company expects net sales of ¥180,000 million, operating income of ¥7,400 million, ordinary income of ¥7,800 million and profit attributable to owners of parent of ¥3,800 million or ¥188.15 per share.