JFE Holdings, Inc. provided dividend guidance for the year ending March 31, 2016. For the period, the company expects to pay a year-end dividend of JPY 10.00 per share against JPY 40.00 per share paid for the same period a year ago.

The company reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 2,548,080 million against JPY 2,819,326 million for the same period a year ago. Operating income was JPY 74,722 million against JPY 146,432 million for the same period a year ago. Ordinary income was JPY 63,034 million against JPY 168,946 million for the same period a year ago. Profit attributable to owners of parent was JPY 37,332 million against JPY 106,398 million for the same period a year ago. Net income per share was JPY 64.73 against JPY 184.45 for the same period a year ago. Income before income taxes and non-controlling interests was JPY 70,334 million against JPY 165,203 million for the same period a year ago.

The company revised consolidated earnings guidance for the year ending March 31, 2016. For the year, the company expects net sales of JPY 3,420,000 million, operating income of JPY 90,000 million, ordinary income of JPY 65,000 million, income before income taxes and minority interests of JPY 65,000 million, profit attributable to owners of parent of JPY 25,000 million and net income per share of JPY 43.35 against previous guidance of net sales of JPY 3,660,000 million, operating income of JPY 120,000 million, ordinary income of JPY 100,000 million, income before income taxes and minority interests of JPY 100,000 million, and profit attributable to owners of parent of JPY 50,000 million. The company expects return on assets of 1.7% and return on equity of 1.3%. The company expects capital investment of JPY 230,000 million.