Toshiba Plant Systems & Services Corp. reported consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of ¥96,046 million against ¥87,831 million a year ago. Operating income was ¥8,359 million against ¥6,518 million a year ago. Ordinary income was ¥8,800 million against ¥6,477 million a year ago. Profit attributable to owners of parent was ¥5,941 million or ¥60.99 per share against ¥3,991 million or ¥40.97 per share a year ago. Profit before income taxes was ¥8,800 million against ¥6,266 million a year ago. Net cash provided by operating activities was ¥8,082 million net cash used in operating activities of ¥825 million a year ago. Purchase of property, plant and equipment was ¥665 million against ¥445 million a year ago. Purchase of intangible assets was ¥1 million against ¥14 million a year ago.

For the year ending March 31, 2017, the company expects consolidated net sales of ¥230,000 million, operating income of ¥18,900 million, ordinary income of ¥19,500 million and profit attributable to owners of parent of ¥12,800 million or ¥131.39 per share.

The company declared a dividend of ¥19.00 per share for the second quarter ended September 30, 2016. Scheduled date to commence dividend payments on December 1, 2016.

The company expects to pay a dividend of ¥19.00 per share for the year ending March 31, 2017.