HIRANO TECSEED Co. Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2017. For the period, the consolidated company reported net sales of ¥6,772 million, operating income of ¥791 million, ordinary income of ¥827 million, net income attributable to owners of the parent of the company of ¥530 million or net loss per basic share of ¥35.23 compared to net sales of ¥2,347 million, operating loss of ¥69 million, ordinary loss of ¥45 million, net loss attributable to owners of the parent of the company of ¥70 million or net loss per basic share of ¥4.66 for the same period last year. Profit before income taxes was ¥827.448 million against ¥45.083 million a year ago.

The company expects to pay dividend of ¥13.00 per share for the second quarter of fiscal year ending March 31, 2018.

The company expects to pay dividend of ¥13.00 per share for the fiscal year ending March 31, 2018.

For the first half of fiscal year ending March 31, 2018, the consolidated company expects net sales of ¥11,200 million, operating income of ¥1,400 million, ordinary income of ¥1,400 million, net income attributable to owners of the parent of the company of ¥1,000 million or net income per share of ¥66.47.

For the fiscal year ending March 31, 2018, the consolidated company expects net sales of ¥20,000 million, operating income of ¥2,150 million, ordinary income of ¥2,100 million, net income attributable to owners of the parent of the company of ¥1,450 million or net income per share of ¥96.38.