Nissei Asb Machine Co., Ltd. announced consolidated earnings results for first quarter ended December 31, 2016. For the quarter, the company reported net sales of JPY 5,502,619,000, operating income of JPY 573,333,000, ordinary income of JPY 1,122,352,000, total extraordinary losses of JPY 892,000, income before income taxes of JPY 1,124,454,000, profit attributable to owners of parent of JPY 680,335,000 compared to the net sales of JPY 5,991,151,000, operating income of JPY 899,454,000, ordinary income of JPY 959,737,000, total extraordinary losses of JPY 2,000, income before income taxes of JPY 961,404,000, profit attributable to owners of parent of JPY 530,148,000 for the same quarter a year ago. Earnings per share were JPY 45.30 compared to JPY 35.30 a year ago.

For the six months ending March 31, 2017, the company expects to report net sales of JPY 11,000 million, operating income of JPY 1,700 million, ordinary income of JPY 1,700 million, profit attributable to owners of parent of JPY 1,100 million or earnings per share of JPY 73.25.

For the full year ending September 30, 2017, the company expects to report net sales of JPY 28,000 million, operating income of JPY 5,000 million, ordinary income of JPY 5,000 million, profit attributable to owners of parent of JPY 3,200 million or earnings per share of JPY 213.09.

For the full year ending September 30, 2017, the company expects to pay dividend of JPY 40.00 compared to JPY 40.00 paid dividend a year ago.