Krosaki Harima Corporation announced consolidated and non-consolidated earnings results for the year ended March 31, 2016. For the year, on consolidated basis, the company reported net sales of JPY 115,118 million compared to JPY 110,425 million a year ago. Operating income was JPY 5,836 million compared to JPY 3,842 million a year ago. Ordinary income was JPY 5,766 million compared to JPY 3,750 million a year ago. Income before income taxes and non-controlling interests was JPY 5,710 million compared to JPY 2,639 million a year ago. Net income was JPY 3,861 million compared to JPY 1,727 million a year ago. Net income attributable to owners of the parent was JPY 3,675 million or JPY 43.57 per basic share compared to JPY 1,603 million or JPY 19.00 per basic share a year ago. Net cash provided by operating activities was JPY 2,296 million compared to JPY 3,818 million a year ago. Rate of return on equity was 8.9% compared to 4.0% a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 87,220 million compared to JPY 84,559 million a year ago. Operating income was JPY 4,152 million compared to JPY 2,616 million a year ago. Ordinary income was JPY 4,988 million compared to JPY 3,393 million a year ago. Net income was JPY 3,517 million or JPY 41.70 per basic share compared to JPY 1,672 million or JPY 19.83 per basic share a year ago.

The company announced dividend for the year ended March 31, 2016. For the year, the company announced dividend of JPY 7.00 per share compared to JPY 3.00 per share a year ago. The dividend is payable on June 30, 2016.