Freund Corporation announced consolidated earnings results for the nine months ended November 30, 2015. For the period, the company reported net sales of JPY 13,081 million against JPY 12,011 million a year ago. Operating income was JPY 727 million against JPY 585 million a year ago. Ordinary income was JPY 784 million against JPY 667 million a year ago. Net income was JPY 422 million against JPY 336 million a year ago. Net income per share was JPY 48.98 against JPY 39.04 per share a year ago.

The company provided consolidated earnings guidance for the fiscal year ending February 29, 2016. For the full year, the company expects net sales of JPY 18,500 million, operating income of JPY 1,350 million, ordinary income of JPY 1,370 million and net income of 800 million or JPY 92.78 per share.

The company provided dividend guidance for the year ending February 29, 2016. The company expects to pay a year-end dividend of JPY 25 per share against JPY 30.00 per share paid a year ago.