Sanyo Chemical Industries Ltd. announced earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported profit attributable to owners of the parent of JPY 2.55 billion, or JPY 23.14 per share, compared to JPY 2.17 billion, or JPY 19.69 per share, for the same quarter ended June 30, 2015. Net sales were JPY 37.14 billion, compared to JPY 39.5 billion for the same quarter ended June 30, 2015. Operating income was JPY 3.99 billion, compared to JPY 3.19 billion for the same quarter ended June 30, 2015.

For the year ending March 31, 2017, the company expects net income to be JPY 9.7 billion and net income per share to be JPY 439.91. For the year ending March 31, 2017, the company also expects net sales to be JPY 158 billion.