AXELL Corporation announced earnings results for the six months ended September 30, 2015. For the six months, the company announced net sales of JPY 6,175 million, operating income of JPY 771 million, income before income taxes of JPY 750 million, profit of JPY 519 million of JPY 43.56 per share, net cash used in operating activities of JPY 338 million, purchase of property, plant and equipment of JPY 74 million and purchase of intangible assets of JPY 8 million.

The company announced an interim dividend of JPY 5.00 per share compared to JPY 25.00 per share paid a year ago. Scheduled date for dividend payment is November 19, 2015.

The company provided year-end dividend guidance for the fiscal year ending March 31, 2016. The company expects to pay year-end dividend of JPY 5.00 per share compared to JPY 30.00 per share paid a year ago.

For the full year ending March 31, 2016, the company expects to report net sales of JPY 11,000 million, operating income of JPY 240 million, ordinary income of JPY 240 million and profit of JPY 165 million or JPY 13.30 per share.