Hitachi Metals, Ltd. provided dividend guidance for the year ending March 31, 2016. For the period, the company expects to pay a term-end dividend of JPY 13.00 per share against JPY 13.00 per share for the same period a year ago. Thus the total annual dividend would amount to JPY 26.00 per share against JPY 23.00 per share for the same period a year ago.

The company reported consolidated earnings results for the nine months ended of December 31, 2015. For the period, the company reported revenues of JPY 772,898 million compared to JPY 716,351 million a year ago. Operating Income was JPY 79,200 million compared to JPY 57,376 million a year ago. Income before income taxes was JPY 77,727 million compared to JPY 61,775 million a year ago. Net Income was JPY 55,977 million compared to JPY 48,738 million a year ago. Net Income attributable to shareholders of the parent company was JPY 55,583 million compared to JPY 47,801 million a year ago. Basic earnings per share attributable to shareholders of the parent company were JPY 129.99 compared to JPY 111.78 a year ago. Net cash provided by operating activities was JPY 63,048 million compared to JPY 62,733 million a year ago. Purchase of property, plant and equipment was JPY 40,000 million compared to JPY 28,427 million a year ago. Purchase of intangible assets was JPY 3,108 million compared to JPY 2,884 million a year ago.

The company provided earnings guidance for the year ending March 31, 2016. For the period, the company expects revenue to be of JPY 1,040,000 million. Operating Income expected to be of JPY 100,000 million. Income before income taxes expected to be of JPY 97,000 million. Net income attributable to shareholders of the parent company expected to be of JPY 68,000 million. Basic earnings per share expected to be of JPY 159.03.