Pal Co., Ltd. provided dividend guidance for the year ended February 29, 2016. For the period, the company expects to pay a year-end dividend of JPY 65.00 per share against JPY 65.00 per share for the same period a year ago.

The company announced consolidated and non-consolidated earnings results for the nine months ended November 30, 2015. For the period, on consolidated basis, the company reported net sales of JPY 84,409 million compared to JPY 79,195 million a year ago. Operating income was JPY 5,036 million compared to JPY 6,566 million a year ago. Net income was JPY 2,896 million or JPY 131.28 per share compared to JPY 3,570 million or JPY 162.32 per share a year ago. On non-consolidated basis, the company reported net sales of JPY 70,295 million compared to JPY 66,385 million a year ago. Operating income was JPY 5,151 million compared to JPY 6,416 million a year ago. Net income was JPY 2,771 million compared to JPY 3,589 million a year ago. Income before income taxes and minority interests was JPY 4,968 million compared to JPY 6,225 million a year ago.

For the fiscal year ending February 29, 2016, on consolidated basis, the company expected net sales of JPY 117,510 million, operating income of JPY 8,080 million and net income of JPY 4,390 million or JPY 199.55 per share. On non-consolidated basis, the company expected net sales of JPY 97,580 million, operating income of JPY 7,870 million and net income of JPY 4,250 million or JPY 193.19 per share.