Wakita & Co., LTD. reported consolidated earnings results for the nine month period ended November 30, 2016. For the period, the company's net sales were JPY 44,911 million against JPY 44,619 for the prior year period. Operating income was JPY 4,814 million against JPY 5,558 million for the prior year period. Operating income was JPY 4,901 million against JPY 5,687 million for the prior year period. Net income was JPY 2,970 against JPY 3,609 million for the prior year period. Profit before income taxes was JPY 4,211 against JPY 5,714 million for the prior year period. Net income per share was JPY 57.12 against JPY 69.41 a year ago.

For the fiscal year ending February 28, 2017, the company expects net sales of JPY 57,000 million, operating income of JPY 5,200 million, ordinary income of JPY 5,400 million and net income of JPY 3,000 million or JPY 57.69 per share.

For the fiscal 2017, the company plans to pay dividend of JPY 30.00 per share against JPY 30.00 per share a year ago.