Japan Cash Machine Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. Net sales were ¥7,398 million compared to ¥7,148 million a year ago. Operating income was ¥374 million compared to ¥260 million a year ago. Net loss attributable to owners of the parent was ¥305 million or ¥11.32 per basic share compared to net income attributable to owners of the parent of ¥263 million or ¥9.78 per basic share a year ago. Ordinary loss was ¥134 million compared to ordinary income of ¥429 million a year ago. Loss before income taxes was ¥136.780 million compared to profit before income taxes of ¥428.391 million for the last year. Net cash provided by operating activities was ¥470.358 million compared to net cash used in operating activities of ¥528.721 million a year ago. Purchase of plant and equipment were ¥81.846 million compared to ¥70.035 million a year ago.

For the second quarter of 2017, the company expected net sales of ¥14,700 million, operating income of ¥700 million, ordinary income of ¥600 million and net income attributable to owners of the parent of ¥400 million or ¥14.83 per share.

For the fiscal year ending March 31, 2017, the company expected net sales of ¥30,000 million, operating income of ¥1,500 million, ordinary income of ¥1,500 million and net income attributable to owners of the parent of ¥900 million or ¥33.36 per share.

For the second quarter of 2017, the company expects to pay a dividend of ¥8.50 per share.

For the fiscal year ending March 31, 2017, the company expects to pay a year-end dividend of ¥8.50 per share.