Amagasa Co. Ltd. announced consolidated earnings results for the second quarter ended July 2016. For the quarter, the company's net sales were ¥3,471 million compared with ¥3,840 million a year ago. Operating income was ¥19 million compared with ¥173 million a year ago. Ordinary income was ¥11 million compared with ¥170 million a year ago. Profit attributable to owners of parent was ¥0 million or ¥0.20 per share compared with ¥58 million or ¥31.11 per share a year ago.

For the year ending January 2017, the company forecasts net sales of ¥6,932 million, operating income of ¥53 million, ordinary income of ¥33 million, profit attributable to owners of parent was ¥10 million or ¥5.45 per share.

The company provided year end dividend guidance of ¥16 per share for the fiscal year ending January 2017.