Yuasa Funashoku Co., Ltd. announced year end dividend of JPY 10.00 per share for the fiscal year 2016 against JPY 10.00 per share announced a year ago. The dividend is payable on June 30, 2016.

For the fiscal year 2017, the company expects to pay year end dividend of JPY 10.00 per share against same amount announced a year ago.

The company reported consolidated earnings results for the year ended March 31, 2016. For the year, the company reported net sales of JPY 104,445 million compared to JPY 101,892 million a year ago. Operating income was JPY 1,832 million compared to JPY 1,580 million a year ago. Ordinary income was JPY 2,024 million compared to JPY 1,892 million a year ago. Profit attributable to owners of the parent was JPY 1,316 million or JPY 29.28 per basic share compared to JPY 1,177 million or JPY 26.18 per share a year ago. Return on equity was 4.9% compared to 4.6% a year ago. Cash flows from operating activities were JPY 2,180 million compared to JPY 1,972 million a year ago.

For the six months ending September 30, 2016, the company expects consolidated net sales of JPY 54,000 million, operating income of JPY 1,000 million, ordinary income of JPY 1,150 million and profit attributable to owners of the parent of JPY 700 million or JPY 15.57 per share.

For the year ending March 31, 2017, the company expects consolidated net sales of JPY 108,800 million, operating income of JPY 2,100 million, ordinary income of JPY 2,300 million and profit attributable to owners of the parent of JPY 1,400 million or JPY 31.14 per share.