Nichidai Corporation announced consolidated earnings results for the six months ended September 30, 2015. For the quarter, the company reported net sales of JPY 7,166 million against JPY 7,282 million a year ago. Operating income was JPY 441 million against JPY 646 million a year ago. Ordinary income was JPY 426 million against JPY 656 million a year ago. Net income attributable to owners of the parent was 285 million or JPY 31 per share against JPY 388 million or JPY 42 per share a year ago.

For the fiscal year ending March 31, 2016 on consolidated basis, the company expects net sales of JPY 14,400 million, operating income of JPY 920 million, ordinary income of JPY 890 million and net income attributable to owners of the parent of JPY 580 million or JPY 64 per share.

The company announced dividend of JPY 10 for the second quarter ended September 30, 2015, payable on December 1, 2015. In 2015, the company has paid dividend of JPY 8 per share.

For the full year ending March 31, 2016, the company expects to pay dividend of JPY 10 per share against JPY 12 per share a year ago.