TOMY Company, Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 33,789 million compared to JPY 33,104 million a year ago. Operating loss was JPY 151 million compared to JPY 1,487 million a year ago. Ordinary loss was JPY 807 million compared to JPY 964 million a year ago. Loss attributable to owners of parent was JPY 1,033 million or JPY 12.03 per share compared to JPY 805 million or JPY 9.49 per share a year ago. Loss before income taxes and minority interest was JPY 770 million compared to JPY 637 million reported a year ago. Net used in operating activities was JPY 800 million compared to JPY 2,693 million reported a year ago. Purchase of property, plant and equipment was JPY 676 million compared to JPY 921 million reported a year ago. Purchase of intangible assets was JPY 206 million against JPY 207 million a year ago.

The company expects to pay cash dividend of JPY 5 per share for second quarter ending September 30, 2016.

For the year ending March 31, 2017, the company expects to pay cash dividend of JPY 5 per share compared to JPY 5.00 per share a year ago.

The company provided consolidated earnings guidance for six months ending September 30, 2016 and for the full year ending March 31, 2016. For the six months, the company expects net sales of JPY 78,000 million, operating income of JPY 1,000 million, ordinary income of JPY 700 million, and profit attributable to owners of parent of JPY 200 or JPY 2.35 per share.

For the year ending March 31, 2017, the company expects net sales of JPY 168,000 million, operating income of JPY 4,000 million, ordinary income of JPY 3,200 million and profit attributable to owners of parent of JPY 1,500 or JPY 17.62 per share.