ASKUL Corporation reported consolidated earnings results for the six months ended November 20, 2016. For the period, the company's net sales were ¥165,090 million against ¥149,944 million a year ago. Operating income was ¥3,641 million against ¥4,453 million a year ago. Ordinary income was ¥3,585 million against ¥4,432 million a year ago. Net income attributable to owners of the parent was ¥2,105 million against ¥2,775 million a year ago. Diluted net income per share was ¥0.00 against ¥52.64 a year ago. Profit before income tax was ¥3,541 million against ¥4,425 million a year ago. Cash flows from operating activities were ¥9,637 million against ¥5,750 million a year ago. Purchase of property, plant and equipment was ¥1,404 million against ¥5,977 million a year ago.

For the second quarter of 2017, the company declared dividend of ¥18.00 per share compared to ¥15.00 per share paid a year ago, payable on January 23, 2017.

For fiscal year ending May 2017, the company expects year end dividend of ¥18.00 per share.

For the year ending May 20, 2017, the company expects net sales of ¥348,000 million, operating income of ¥9,500 million, ordinary income of ¥9,500 million and net income attributable to owners of the parent of ¥5,500 million or ¥105.98 per share.