Tsutsumi Jewelry Co., Ltd. announced earnings results for the full year ended March 31, 2017. For the period, the company reported net sales of ¥19,172 million, operating income of ¥869 million, ordinary income of ¥969 million and net income of ¥921 million or ¥50.60 per share compared to net sales of ¥21,764 million, operating income of ¥1,539 million, ordinary income of ¥1,646 million and net income of ¥864 million or ¥45.83 per share reported in the same period last year. Net cash flows from operating activities were ¥1,679 million compared to ¥1,437 million a year ago.

The company provided earnings guidance for the first half and full year ending March 31, 2018. For the half year, the company expected to report net sales of ¥8,600 million, operating income of ¥130 million, ordinary income of ¥180 million and net income of ¥80 million or ¥4.55 per share.

For the full year, the company expected to report net sales of ¥18,200 million, operating income of ¥900 million, ordinary income of ¥1,000 million and net income of ¥610 million or ¥34.70 per share.

The full year ended March 31, 2017, the company announced year end dividend of ¥15 per share compared to ¥15 per share paid in the same period ago. The dividend will payable on June 30, 2017.

The company provided dividend guidance for the second quarter and full year ending March 31, 2018. For the second quarter, the company expected dividend of ¥15 per share compared to ¥15 per share paid in the same period ago.

For the full year, the company expected year end dividend of ¥15 per share compared to ¥15 per share paid in the same period ago.