Sotsu Co. Ltd. reported consolidated and non- consolidated earnings results for the three months ended November 30, 2015. For the period, on consolidated basis, the company reported net sales of JPY 4,644 million compared to JPY 5,291 million a year ago. Operating income was JPY 555 million compared to JPY 724 million a year ago. Ordinary income was JPY 571 million compared to JPY 704 million a year ago. Net income attributable to owners of the parent was JPY 410 million compared to JPY 446 million a year ago. Net income per share JPY 27.99 compared to JPY 28.47 a year ago. Income before income taxes and minority interest was JPY 571,670,000 compared to JPY 705,172,000 a year ago.

The company provided consolidated earnings guidance for the six months ended February 29, 2016 and full year ending August 31, 2016. For the six months, the company expects net sales of JPY 12,600 million, operating income of JPY 1,700 million, ordinary income of JPY 1,680 million and profit attributable to owners of parent of JPY 1,050 million or JPY 71.55 per share.

For the year, the company expects net sales of JPY 24,500 million, operating income of JPY 3,500 million, ordinary income of JPY 3,500 million and profit attributable to owners of parent of JPY 2,200 million or JPY 149.92 per share.

For the six months ending February 28, 2016, the company expects to pay dividend of JPY 15.00 per share compared to JPY 15.00 per share a year ago.
For the year ending August 31, 2016, the company expects to pay dividend of JPY 20.00 per share compared to JPY 20.00 per share a year ago.