NTN Corp. reported consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of ¥182,788 million against ¥167,049 million a year ago. Operating income was ¥14,064 million against ¥8,780 million a year ago. Ordinary income was ¥14,580 million against ¥8,027 million a year ago. Net income attributable to shareholder was ¥9,785 million or ¥10.39 per share against ¥5,525 million or ¥2.46 per share a year ago. Income before income taxes and equity in earnings of affiliated companies was ¥14,580 million against ¥8,027 million a year ago. Net cash provided by operating activities was ¥19,063 million against net cash used in operating activities of ¥10,733 million a year ago. Purchase of property, plant and equipment was ¥8,934 million against ¥6,437 million a year ago. Purchase of intangible fixed assets was ¥242 million against ¥559 million a year ago.

The company provided earnings guidance for the first half of 2016 and full year ending March 31, 2016. For the first half of 2015, the company expects to report net sales of ¥355,000 million, operating income of ¥22,000 million, ordinary income of ¥20,000 million, and net income attributable to shareholder of ¥14,000 million or ¥26.33 per share.

For the year ending March 31, 2016, the company expects to report net sales of ¥725,000 million, operating income of ¥50,000 million, ordinary income of ¥45,000 million and net income attributable to shareholder of ¥31,000 million or ¥58.29 per share.

The company provided dividend guidance for the second quarter of 2016 and full year ending March 31, 2016. For the second quarter of 2015, the company expects to pay dividend of ¥5.00 per share against ¥2.50 per share, last year.

For the year ending March 31, 2016, the company expects to pay dividend of ¥5.00 per share against ¥3.50 per share, last year. Total dividend will be ¥10.00 per share against ¥6.00 per share, last year.