Osaka Organic Chemical Industry Ltd. reported consolidated earnings results for the fiscal year ended November 30, 2016. For the period, the company reported net sales of JPY 23,586 million against JPY 23,707 million a year ago. Operating income was JPY 2,441 million against JPY 1,578 million a year ago. Ordinary income was JPY 2,596 million against JPY 1,751 million a year ago. Profit attributable to owners of parent was JPY 2,044 million against JPY 1,300 million a year ago. Basic earnings per share were JPY 91.07 against JPY 56.81 a year ago. Rate of return on equity was 7.8% compared to 5.3% a year ago. Ordinary income to total assets ratio was 7.5% compared to 5.2% a year ago. Net assets per share were JPY 1,193.90 compared to JPY 1,129.35 a year ago. Cash flows from operating activities were JPY 3,322 million against JPY 2,898 million a year ago.

For the half year ending May 2016, the company expects net sales of JPY 11,925 million, operating income of JPY 987 million, ordinary income of JPY 1,063 million, profit attributable to owners of parent of JPY 738 million and net income per basic share of JPY 32.97.

For the year ending November 2016, the company expects net sales of JPY 24,294 million, operating income of JPY 2,166 million, ordinary income of JPY 2,334 million, profit attributable to owners of parent of JPY 1,621 million and net income per share of JPY 72.37.