Tosho Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, on consolidated basis, net sales were JPY 5,658 million against JPY 5,077 million a year ago. Operating income was JPY 1,315 million against JPY 1,315 million a year ago. Ordinary income was JPY 1,290 million against JPY 1,317 million a year ago. Profit attributable to owners of the parent was JPY 749 million or JPY 39.13 per share against JPY 776 million or JPY 40.53 per share a year ago. Profit before income taxes was JPY 1,290 million against JPY 1,317.1 million a year ago.

For the six months ending September 30, 2017, on consolidated basis, the company expects net sales of JPY 11,550 million, operating income of JPY 3,100 million, ordinary income of JPY 3,100 million and profit income attributable to owners of the parent of JPY 1,840 million or JPY 96.06 per share.

For the year ending March 31, 2018, on consolidated basis, the company expects net sales of JPY 23,800 million, operating income of JPY 6,500 million, ordinary income of JPY 6,500 million and profit attributable to owners of the parent of JPY 4,000 million or JPY 104.41 per share.

For the second quarter of the fiscal year ending March 31, 2018, the company expects to pay second quarter-end dividend of JPY 13.00 per share against JPY 11.00 per share paid a year ago.

For the fiscal year ending March 31, 2018, the company expects to pay year-end dividend of JPY 6.00 per share against JPY 12.00 per share paid a year ago.