Kurotani Corporation provided interim and year end dividend forecast for the fiscal 2017. For the interim period, the company provided dividend forecast of ¥5.00 per share compared to ¥5.00 per share declared in the same period last year.

For the year end, the company provided dividend forecast of ¥5.00 per share compared to ¥5.00 per share declared in the same period last year.

The company announced consolidated earnings results for the first quarter ended November 2016. For the first quarter, the company reported net sales of JPY 10,982 million against JPY 10,366 million a year ago. Operating income was JPY 361 million against loss of JPY 77 million a year ago. Ordinary income was JPY 24 million against loss of JPY 67 million a year ago. Profit attributable to owners of parent was JPY 12 million or JPY 1.79 per basic share against loss of JPY 53 million or JPY 7.40 per basic share a year ago.

For the period ending February 2017, the company expects net sales of JPY 20,040 million, operating income of JPY 129 million, ordinary income of JPY 92 million, profit attributable to owners of parent of JPY 53 million or JPY 7.51 per basic share.

For the year ending August 2017, the company expects consolidated net sales of JPY 40,532 million, operating income of JPY 282 million, ordinary income of JPY 217 million, profit attributable to owners of parent of JPY 131 million or JPY 18.37 per basic share.