Osaka Steel Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 13,220 million, operating income of JPY 1,022 million, ordinary income of JPY 1,057 million and loss attributable to owners of the parent of JPY 26 million or JPY 0.68 per share compared to net sales of JPY 14,883 million, operating income of JPY 1,593 million, ordinary income of JPY 1,674 million and profit attributable to owners of the parent of JPY 687 million or JPY 17.65 per share a year ago. Income before income taxes was JPY 57 million against JPY 1,023 million a year ago.