Toei Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 28,386 million against JPY 30,322 million a year ago. Operating income was JPY 3,251 million against JPY 4,200 million a year ago. Ordinary income was JPY 4,329 million against JPY 5,291 million a year ago. Profit attributable to owners of parent was JPY 2,302 million or JPY 18.23 per basic share against JPY 2,659 million or JPY 21.06 per basic share a year ago.

For the second quarter ending September 2016, the company expects net sales of JPY 58,000 million, operating income of JPY 7,200 million, ordinary income of JPY 8,500 million, profit attributable to owners of parent of JPY 3,900 million or JPY 30.88 per basic share.

For the year ending March 2017, the company expects net sales of JPY 109,000 million, operating income of JPY 11,000 million, ordinary income of JPY 13,000 million, profit attributable to owners of parent of JPY 6,400 million or JPY 50.68 per basic share.


The company provided dividend guidance for the second quarter of fiscal year 2017. For the quarter, the company expects to pay dividend of JPY 3.00 per share against JPY 3.00 per share a year ago.

For the year ending March 31, 2017, the company expects to pay dividend of JPY 3.00 per share against JPY 4.00 per share a year ago.