Nichidai Corporation announced consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, net sales were JPY 3,799 million against JPY 3,764 million a year ago. Operating income was JPY 267 million against JPY 341 million a year ago. Ordinary income was JPY 269 million against JPY 337 million a year ago. Net income attributable to owners of the parent was 186 million or JPY 20 per share against JPY 224 million or JPY 24 per share a year ago.

For the second quarter of fiscal year ending March 31, 2016, the company expects net sales of JPY 7,500 million, operating income of JPY 620 million, ordinary income of JPY 595 million and net income attributable to owners of the parent of JPY 390 million or JPY 43 per share.

For the fiscal year ending March 31, 2016, the company expects net sales of JPY 15,700 million, operating income of JPY 1,400 million, ordinary income of JPY 1,350 million and net income attributable to owners of the parent of JPY 890 million or JPY 98 per share.

The company provided dividend guidance for the second quarter and full year of fiscal 2016. For the second quarter, the company expects to pay dividend of JPY 10 per share against JPY 8 per share a year ago.

For the full year ending March 31, 2016, the company expects to pay dividend of JPY 10 per share against JPY 12 per share a year ago.