Shibaura Electronics Co. Ltd. announced consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of JPY 5,054 million compared with JPY 5,045 million for the same period a year ago. Operating income was JPY 342 million compared with JPY 539 million for the same period a year ago. Ordinary income was JPY 375 million compared with JPY 534 million for the same period a year ago. Net income attributable to shareholders of parent was JPY 238 million or JPY 30.73 per share compared with JPY 601 million or JPY 77.37 per share for the same period a year ago.

The company provided dividend guidance for the year end of fiscal year 2016. For the period, the company expects to pay dividend of JPY 50.00 per share against same amount a year ago.

For the first half of 2016, the company expects to report net sales of JPY 10,300 million, operating income of JPY 900 million, ordinary income of JPY 900 million and net income attributable to shareholders of parent of JPY 620 million or JPY 79.75 per share.

For the fiscal year 2016, the company expects to report net sales of JPY 21,000 million, operating income of JPY 2,000 million, ordinary income of JPY 2,000 million and net income attributable to shareholders of parent of JPY 1,380 million or JPY 177.51 per share.