Union Tool Co. announced dividend of JPY 25 per share for the second quarter ended June 2016 compared to JPY 22 per share paid a year ago. Dividend will be payable on September 1, 2016.

For the full year ending December 31, 2016, the company expects year-end dividend of JPY 25 per share compared to JPY 33 per share paid a year ago.

The company announced earnings results for the second quarter ended June 30, 2016. For the period the company announced net sales of JPY 9,629 million compared to JPY 10,938 million a year ago. Operating income was JPY 1,262 million compared to JPY 2,029 million a year ago. Ordinary income was JPY 1,362 million compared to JPY 2,158 million a year ago. Profit attributable to owners of parent was JPY 939 million compared to JPY 2,099 million a year ago. Comprehensive loss was JPY 2,743 million compared to comprehensive income of JPY 3,490 million a year ago. Basic earnings per share was JPY 53.99 compared to JPY 109.21 a year ago.

For the year ending December 31, 2016, the company expects net sales of JPY 20,000 million, operating income of JPY 3,100 million, ordinary income of JPY 3,100 million, profit attributable to owners of parent of JPY 2,300 and basic earnings per share of JPY 132.62.