Tsutsumi Jewelry Co., Ltd. announced earnings results for the first quarter ended June 30, 2016. For the period, the company reported net sales of ¥4,593 million, operating income of ¥26 million, ordinary income of ¥45 million, net income of ¥5 million and earnings per share of ¥0.32 against net sales of ¥4,790 million, operating income of ¥178 million, ordinary income of ¥205 million, net income of ¥113 million and earnings per share of ¥5.76 a year ago.

The company provided dividend forecast for the second quarter and full year 2016. For the quarter, the company forecast dividend of ¥15.

For the year, the company forecast dividend of ¥15.

The company provided earnings guidance for the first half year and full year ending March 31, 2017. For the first half year, the company forecast net sales of ¥9,500 million, operating income of ¥168 million, ordinary income of ¥210 million, net income of ¥100 million, and earnings per share of ¥5.41.

For the full year, the company forecast net sales of ¥20,200 million, operating income of ¥833 million, ordinary income of ¥920 million, net income of ¥530 million, and earnings per share of ¥28.66.