Godo Steel, Ltd. reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of JPY 53,664 million compared to JPY 65,610 million a year ago. Operating income was JPY 1,564 million compared to of JPY 1,446 million a year ago. Ordinary income was JPY 2,037 million compared to JPY 1,905 million a year ago. Net profit attributable to owners of parent was JPY 1,940 million compared to JPY 1,262 million a year ago. Net income per share was JPY 12.41 compared to JPY 7.82 a year ago. Income before income taxes was JPY 2,016 million against JPY 1,850 million a year ago.

The company announced dividend of JPY 3.50 per share for the six months ended September 30, 2015 against JPY 1.50 paid a year ago. Scheduled date of commencing dividend payments is December 1, 2015.

The company provided dividend guidance for the year end of fiscal year 2015 of JPY 4.00 per share against JPY 2.50 per share for the same period a year ago.

The company provided earnings guidance for the full fiscal year ending March 31, 2016. For the year, the company expects net sales of JPY 102,000, operating income of JPY 5,000 million, ordinary income of JPY 5,500 million, net income of JPY 5,000 million and net income per share of JPY 31.98.