Tosho Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, on consolidated basis, Net Sales were JPY 5,077 million, operating income was JPY 1,315 million, ordinary income was JPY 1,317 million and net income attributable to owners of the parent was JPY 776 million or JPY 40.53 per share as compared to net sales of JPY 4,651 million, operating income of JPY 1,200 million, ordinary income of JPY 1,185 million and net income attributable to owners of the parent of JPY 701 million or JPY 36.63 per share for the same period a year ago.

The company provided consolidated earnings guidance for the six months ending September 2016 and fiscal year ending March 2017. For the six months ending September 30, 2016, on consolidated basis, expects net sales were JPY 10,120 million, operating income is JPY 2,733 million, ordinary income is JPY 2,716 million and net income attributable to owners of the parent of JPY 1,600 million or JPY 83.54 per share.

For the year ending March 2017, on consolidated basis, expects net sales of JPY 20,700 million, operating income of JPY 5,760 million, ordinary income of JPY 5,720 million and net income attributable to owners of the parent of JPY 3,330 million or JPY 173.85 per share.