Ichigo Inc. provided dividends guidance for the fourth quarter ending February 28, 2017. For the period, the company expects to dividend of ¥5 per share against ¥3 per share paid a year ago.

The company announced consolidated financial results for the third quarter and nine months ended November 30, 2016. For the nine months, the company reported revenues of ¥93,835 million against ¥44,500 million a year ago. Operating profit was ¥17,042 million against ¥13,602 million a year ago. Total extraordinary gain was ¥2,427 million against ¥223 million a year ago. Total extraordinary loss was ¥269 million against ¥9 million a year ago. Pre-tax net income was ¥17,533 million against ¥12,664 million a year ago. Net income attributable to minority interests was ¥297 million against ¥104 million a year ago. Net income was ¥12,837 million against ¥11,598 million a year ago. Net cash from operating activities was ¥19,390 million against cash used for operating activities of ¥26,996 million a year ago. Acquisition of property, plant, and equipment was ¥5,604 million against ¥4,135 million a year ago. Acquisition of intangible assets was ¥1 million compared to ¥10 million a year ago. Net income per diluted share was ¥25.50 compared to ¥23.08 a year ago. Net assets per share were ¥155.32 compared to ¥134.54 a year ago.

For the third quarter, the company reported revenues of ¥7,844 million against ¥29,893 million a year ago. Operating profit was ¥2,058 million against ¥8,688 million a year ago. Total extraordinary losses were ¥27 million. Pre-tax net income was ¥1,513 million against ¥8,099 million a year ago. Net loss attributable to minority interests was ¥26 million against ¥50 million a year ago. Net income was ¥902 million against ¥7,376 million a year ago. Net cash used in operating activities was ¥32,358 million against cash from operating activities of ¥21,994 million a year ago. Acquisition of property, plant, and equipment was ¥1,062 million against ¥2,263 million a year ago.

For the full fiscal year ending February 28, 2017, the company expects revenues of ¥125,600 million, operating profit of ¥18,500 million and net income of ¥13,300 million or ¥26.43 per share.