Aica Kogyo Company, Limited provided dividend guidance for the year ending March 31, 2017. The company expects year-end dividend of ¥42.00 per share against ¥25.00 per share last year. Full year dividend is expected to be ¥80.00 per share against ¥46.00 per share paid last year.

The company announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥110,053 million against ¥108,167 million a year ago. Operating income was ¥13,557 million against ¥11,594 million a year ago. Ordinary income was ¥13,841 million against ¥11,949 million a year ago. Profit attributable to owners of parent was ¥8,441 million or ¥129.23 per diluted share against ¥7,194 million or ¥110.13 per diluted share a year ago. Profit before income taxes was ¥13,507 million against ¥11,949 million a year ago.

For the year ending March 31, 2017, the company expects net sales of ¥152,000 million, operating income of ¥17,800 million, ordinary income of ¥18,000 million, profit attributable to the owners of parent of ¥10,800 million or ¥165.42 per share.