Nihon Nohyaku Co. Ltd. announced consolidated earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net sales of JPY 12,817 million against JPY 7,450 million a year ago. Operating loss was JPY 388 million against JPY 1,035 million a year ago. Ordinary loss was JPY 216 million against JPY 1,414 million a year ago. Loss attributable to owners of the parent was JPY 581 million or JPY 8.70 per share against JPY 1,135 million or JPY 16.99 per share a year ago. Loss before income taxes and minority interests was JPY 218 million against JPY 1,417 million a year ago.

For the six months ending March 31, 2016, on consolidated basis the company expects net sales of JPY 35,700 million, operating income of JPY 4,000 million, ordinary income of JPY 3,700 million and profit attributable to owners of the parent of JPY 2,500 million or JPY 37.40 per share.

For the year ending September 30, 2017, on consolidated basis the company expects net sales of JPY 59,500 million, operating income of JPY 3,900 million, ordinary income of JPY 3,600 million and profit attributable to owners of the parent of JPY 2,200 million or JPY 32.92 per share.

The company provided dividend guidance for the second quarter and full year ending September 30, 2017. For the second quarter, the company expects to pay dividend of JPY 7.50 per share against JPY 7.50 a year ago.

For the full year, the company expects to pay dividend of JPY 7.50 per share against JPY 7.50 a year ago.