Rasa Corporation announced consolidated earnings results for first quarter ended June 30, 2016. For the quarter, the company reported net sales were ¥6,502 million against ¥6,378 million for the same period in the last year. Operating income was ¥198 million against ¥66 million for the same period in the last year. Ordinary income was ¥209 million against ¥80 million for the same period in the last year. Profit attributable to owners of parent was ¥125 million or ¥11.02 per share against ¥46 million or ¥4.05 per share for the same period in the last year.

For first six months, the company expects net sales of ¥14,000 million, ordinary income of ¥50 million, profit attributable to owners of parent of ¥32 million and net income per share of ¥2.80.

For the fiscal year, the company expects net sales of ¥32,000 million, operating income of ¥850 million, ordinary income of ¥950 million, profit attributable to owners of parent of ¥608 million and net income per share of ¥53.26.

The company provided dividend guidance for the first half and full year ending March 31, 2017. For the first half, the company expects to pay dividend of ¥7.50 per share compared to ¥7.50 paid for the same period a year ago.

For the year, the company expects to pay dividend of ¥7.50 per share compared to ¥7.50 paid for the same period a year ago.