Ryosan Company, Limited announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the consolidated company reported net sales of ¥58,915 million, operating income of ¥1,507 million, ordinary income of ¥1,596 million, profit attributable to owners of the parent of the company of ¥1,088 million or net income per basic share of ¥39.03 compared to net sales of ¥48,301 million, operating income of ¥635 million, ordinary income of ¥936 million, profit attributable to owners of the parent of the company of ¥703 million or net income per basic share of ¥23.88 for the same period last year. Profit before income taxes was ¥1,599 million against ¥936 million a year ago. Net assets per share were ¥3,861.93.

The company expects to pay interim dividend of ¥75.00 per share and year-end dividend of ¥75.00 per share for the fiscal year ending March 31, 2018.

For the six months of fiscal year ending March 31, 2018, the company expects net sales of ¥112,000 million, operating income of ¥2,500 million, ordinary income of ¥2,500 million, profit attributable to owners of the parent of the company of ¥1,800 million or basic earnings per share of ¥64.06.

For the full year of fiscal year ending March 31, 2018, the company expects net sales of ¥230,000 million, operating income of ¥5,600 million, ordinary income of ¥5,600 million, profit attributable to owners of the parent of the company of ¥4,000 million or basic earnings per share of ¥142.36.