Tosho Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2016. For the year, on consolidated basis, reported net sales of JPY 19,224 million, operating income of JPY 5,449 million, ordinary income of JPY 5,380 million and net income attributable to owners of the parent of JPY 3,156 million or JPY 164.79 per share as compared to net sales of JPY 16,888 million, operating income of JPY 4,305 million, ordinary income of JPY 4,203 million and net income attributable to owners of the parent of JPY 2,536 million or JPY 132.40 per share for the same period a year ago. Return on equity was 17.9% compared to 17.0% a year ago. Cash flows from operating activities were JPY 5,815 million compared to JPY 4,492 million a year ago.

For the year, on non-consolidated basis, reported operating revenues of JPY 16,336 million, operating income of JPY 4,451 million, ordinary income of JPY 4,450 million and net income of JPY 2,805 million or JPY 146.48 per share as compared to operating revenues of JPY 15,837 million, operating income of JPY 3,994 million, ordinary income of JPY 3,920 million and net income of JPY 2,320 million or JPY 121.13 per share for the same period a year ago.

The company provided consolidated and non-consolidated earnings guidance for the six months ending Sept. 30, 2016 and year ending Mar. 2017. For the six months ending Sept. 30, 2016, on consolidated basis, expects net sales of JPY 10,120 million, operating income of JPY 2,733 million, ordinary income of 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 Mar. 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.

For the six months ending Sept. 30, 2016, on non-consolidated basis, expects net sales of JPY 8,426 million, ordinary income of JPY 2,191 million and net income of JPY 1,390 million or JPY 72.57 per share.

For the year ending Mar. 2017, on non-consolidated basis, expects net sales of JPY 17,180 million, ordinary income of JPY 4,620 million and net income of JPY 2,910 million or JPY 151.92 per share.