SOLXYZ Co., Ltd. declared year-end dividend of ¥8.00 per share for the year ended December 31, 2016. Full year dividend will be ¥8.00 per share against ¥5.00 per share last year. Dividend payable date is March 31, 2017.

The company expects year-end dividend of ¥5.00 per share for the year ending December 2017.

The company reported consolidated and non- consolidated earnings results for the year ended December 31, 2016. For the period, on consolidated basis, the company reported net sales of ¥13,288 million against ¥11,315 million a year ago. Operating income was ¥613 million against ¥593 million a year ago. Ordinary income was ¥604 million against ¥607 million a year ago. Net income attributable to owners of parent was ¥363 million or ¥29.96 per diluted share against ¥300 million or ¥26.28 per diluted share a year ago. Rate of return on equity was 9.0% against 8.6% a year ago. Cash flows from operating activities were ¥441 million against ¥652 million a year ago.

For the period, on non-consolidated basis, the company reported net sales of ¥10,125 million against ¥8,134 million a year ago. Operating income was ¥186 million against ¥215 million a year ago. Ordinary income was ¥211 million against ¥268 million a year ago. Profit was ¥100 million or ¥8.25 per diluted share against ¥87 million or ¥7.68 per diluted share a year ago.

For the half year ending June 2017, the company expects consolidated net sales of ¥6,300 million, operating income of ¥160 million, ordinary income of ¥160 million and net profit attributable to owners of parent of ¥70 million or ¥5.81 per share.

For the year ending December 2017, the company expects consolidated net sales of ¥13,400 million, operating income of ¥700 million, ordinary income of ¥700 million and net profit attributable to owners of parent of ¥400 million or ¥33.23 per share.