I-Net Corporation announced consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company reported net sales of JPY 5,846 million compared with JPY 5,750 million for the same period a year ago. Operating income was JPY 316 million compared with JPY 328 million for the same period a year ago. Ordinary income was JPY 302 million compared with JPY 312 million for the same period a year ago. Profit attributable to owners of parent company was JPY 196 million or JPY 13.56 per share compared with JPY 192 million or JPY 13.05 per share for the same period a year ago.

The company provided dividend guidance for the full year of fiscal 2017. The company plans to pay an interim dividend of JPY 18.00 per share and a final dividend of JPY 18.00 per share for the full year of fiscal 2017.

The company provided earnings guidance for the first half and full year of 2017. For the first half, the company expects to report net sales of JPY 12,600 million, operating income of JPY 860 million, ordinary income of JPY 820 million and net income of JPY 530 million or JPY 36.66 per share.

For the full year, the company expects to report net sales of JPY 25,700 million, operating income of JPY 2,050 million, ordinary income of JPY 1,950 million and net income of JPY 1,280 million or JPY 80.50 per share.