Amagasa Co. Ltd. announced consolidated and non-consolidated earnings results for the year ended January 31, 2016. For the year, on consolidated basis, the company reported net sales of JPY 7,269 million compared to JPY 7,336 million a year ago. Operating income was JPY 185 million compared to JPY 290 million a year ago. Ordinary income was JPY 184 million compared to JPY 252 million a year ago. Net income was JPY 46 million compared to JPY 127 million a year ago. Net income per share was JPY 25.17 compared to JPY 68.29 a year ago. Net asset per share was JPY 1,129.18 against JPY 1,114.33 a year ago. Cash flows from operating activities were JPY 130 million compared to JPY 597 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 7,269 million compared to JPY 7,336 million a year ago. Operating income was JPY 193 million compared to JPY 288 million a year ago. Ordinary income was JPY 189 million compared to JPY 248 million a year ago. Net income was JPY 52 million compared to JPY 124 million a year ago. Net income per share was JPY 28.06 compared to JPY 67.04 a year ago. Net asset per share was JPY 1,085.38 against JPY 1,064.52 a year ago.

The company provided earnings guidance for the first half of ending July 2016 and full year ending January 2017. For the year ending January 2017, the company expects net sales of JPY 7,638 million, operating income of JPY 170 million, ordinary income of JPY 145 million and profit attributable to owners of the parent of JPY 67 million or JPY 35.98 per share.

For the first half ending July 2016, the company expects net sales of JPY 3,963 million, operating income of JPY 130 million, ordinary income of JPY 118 million and profit attributable to owners of the parent of JPY 54 million or JPY 29.43 per share.

For 2016, the company announced year ended dividend of JPY 16.00 per share against JPY 16.00 per share paid a year ago. The dividend is payable on April 28, 2016.

The company provided dividend guidance for the year ending January 2017. For the year, the company expects to pay a dividend of JPY 16.00 per share compared to JPY 16.00 per share for 2016.