Paltac Corporation announced financial results for the nine months ended December 31, 2016. For the nine months, the company reported operating income of ¥15,870 million and profit of ¥11,995 million or ¥188.77 per share on net sales of ¥708,324 million against operating income of ¥14,279 million and profit of ¥9,381 million or ¥147.63 per share on net sales of ¥652,163 million for the same period of last year. Income before income taxes was ¥17,522 million against ¥14,158 million for the same period of last year. Net cash provided by operating activities was ¥8,718 million against ¥5,058 million for the same period of last year. Purchase of property, plant and equipment was ¥5,805 million against ¥15,322 million for the same period of last year. Purchase of intangible assets was ¥92 million against ¥66 million for the same period of last year.

For the year ending Mar. 31, 2017, the company expects operating income of ¥19,000 million and profit of ¥14,500 million or ¥228.18 per share on net sales of ¥915,000 million.

For the year ending Mar. 31, 2017, the company expects to pay an year end dividend of ¥28 per share.