Advanex Inc. reported consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company's net sales were JPY 4,368 million against JPY 4,893 million a year ago. Operating income was JPY 9 million against JPY 150 million a year ago. Ordinary loss was JPY 22 million against income of JPY 151 million a year ago. Net loss was JPY 61 million against income of JPY 94 million a year ago. Net loss per share after dilution was JPY 15.09 against income of JPY 22.92 a year ago. Net assets per share as on June 30, 2016 were JPY 1,352.61.

The company expects year end dividend of JPY 30.00 per share for the year ending March 31, 2017.

For the six months ending September 30, 2016, the company expects net sales of JPY 8,700 million, operating income of JPY 30 million, ordinary income of JPY 0 million and net loss of JPY 80 million or JPY 19.59 per share.

For the year ending March 31, 2017, the company expects net sales of JPY 17,700 million, operating income of JPY 450 million, ordinary income of JPY 400 million and net income of JPY 220 million or JPY 53.87 per share.