Tosho Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the period the company reported net sales of ¥10,480 million against ¥9,438 million a year ago. Operating income was ¥3,019 million against ¥2,642 million a year ago. Ordinary income was ¥3,040 million against ¥2,597 million a year ago. Net income attributable to owners of parent was ¥1,800 million or ¥94.02 net income per share against ¥1,528 million or ¥79.80 net income per share a year ago. Profit before income taxes was ¥3,039,141,000 against ¥2,596,599,000 a year ago. Net cash provided by operating activities was ¥1,900,561,000 against ¥2,611,168,000 a year ago. Purchase of property, plant and equipment was ¥1,533,399,000 against ¥1,774,284,000 a year ago.

The company provides earnings guidance for the fiscal year ending March 31, 2017. For the period the company forecast net sales of ¥20,700 million, operating income of ¥5,760 million, ordinary income ¥5,720 million, net income attributable to owners of parent ¥3,330 million and ¥173.85 net income per share.

The company provides dividend guidance for the full year ending March 31, 2017. For the period the company forecast dividend of ¥11.00 against ¥11.00 paid a year ago.

The company declared dividend of ¥11 per share for the six months ended September 30, 2016 against ¥10 per share paid a year ago, payable from December 9, 2016.