Kohsoku Corporation announced year-end dividend for the year ended March 31, 2016. For the period, the company reported dividend of JPY 14 per share compared to JPY 11.50 per share paid in the same period a year ago. The dividend will be payable on June 24, 2016.

The company provided dividend guidance for the second quarter of fiscal 2017 and full year ending March 31, 2017. For the second quarter of 2016, the company expected dividend of JPY 13.50 per share compared to JPY 12 per share paid in the same period a year ago.

For the full year ending March 31, 2017, the company expected dividend of JPY 13.50 per share compared to JPY 14 per share paid in the same period a year ago.

The company reported consolidated and non-consolidated earnings results for the year ended March 2016. For the year, on consolidated basis, the company reported net sales of JPY 76,802 million compared to JPY 71,782 million a year ago. Operating income was JPY 3,055 million compared to JPY 2,638 million a year ago. Ordinary income was JPY 3,237 million compared to JPY 2,804 million a year ago. Profit attributable to owners of parent was JPY 2,107 million or JPY 109.09 per share compared to JPY 1,764 million or JPY 86.05 per share a year ago. Rate of return on equity was 10.0% against 8.7% a year ago. Net assets per share were JPY 1,139.22 against JPY 1,053.08 a year ago. Cash flows from operating activities were JPY 3,246 million compared to JPY 2,236 million a year ago.

For the six months ending September 2016, the company expects net sales of JPY 39,000 million, operating income of JPY 1,500 million, ordinary income of JPY 1,580 million and profit attributable to owners of parent of JPY 1,050 million or JPY 54.36 per share.

For the year ending March 2017, the company expects net sales of JPY 80,000 million, operating income of JPY 3,150 million, ordinary income of JPY 3,300 million and profit attributable to owners of parent of JPY 2,200 or JPY 113.91 per share.

For the year, on non-consolidated basis, the company reported net sales of JPY 62,497 million compared to JPY 58,088 million a year ago. Operating income was JPY 2,282 million compared to JPY 2,288 million a year ago. Ordinary income was JPY 2,515 million compared to JPY 2,546 million a year ago. Net income was JPY 1,694 million or JPY 87.76 per share compared to JPY 1,647 million or JPY 80.32 per share a year ago. Net assets per share was JPY 889.02 against JPY 824.63 a year ago.