Nippon Valqua Industries, Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥32,034 million against ¥30,414 million a year ago. Operating income was ¥2,912 million against ¥2,224 million a year ago. Ordinary income was ¥2,806 million against ¥2,225 million a year ago. Total extraordinary income was ¥110 million against ¥126 million a year ago. Profit before income taxes was ¥2,592 million against ¥1,903 million a year ago. Profit attributable to owners of parent was ¥1,599 million against ¥1,384 million a year ago.

The company revised earnings guidance for the year ending March 31, 2017. For the period, the company expected consolidated net sales of ¥42,800 million compared to previous guidance of ¥41,500 million. Operating income expects to be ¥3,800 million compared to previous guidance of ¥3,200 million. Ordinary income expects to be ¥3,600 million compared to previous guidance of ¥3,100 million. Net income expects to be ¥2,000 million or ¥113.21 per share compared to previous guidance of ¥1,500 million or ¥84.91 per share.

For the year ending March 31, 2017, the company expects to pay a dividend of ¥45.00 per share.