Ryosan Company, Limited announced consolidated earnings results for the year ended March 31, 2016. For the year, the company reported net sales of ¥228,149 million against ¥233,552 million a year ago. Operating income was ¥5,538 million against ¥5,925 million a year ago. Ordinary income was ¥5,594 million against ¥5,469 million a year ago. Profit attributable to owners of parent was ¥3,671 million or ¥119.77 per share against ¥3,200 million or ¥119.77 per share a year ago. Return on equity was 3.1% against 2.7% a year ago. Cash flows from operating activities were ¥4,748 million against ¥11,687 million a year ago. Income before income taxes was ¥5,307 million against ¥5,427 million a year ago. Purchase of property, plant and equipment was ¥219 million against ¥131 million a year ago. Purchase of intangible assets was ¥340 million against ¥130 million a year ago.

For the half year 2016, the company expects net sales of ¥110,000 million, operating income of ¥2,300 million, ordinary income of ¥2,300 million and profit attributable to owners of parent of ¥1,500 million or ¥50.91 earnings per share.

For the year ending March 31, 2017, the company expects net sales of ¥230,000 million, operating income of ¥5,600 million, ordinary income of ¥5,600 million and profit attributable to owners of parent of ¥3,700 million or ¥125.57 earnings per share.