K.R.S. Corporation reported consolidated earnings results for the first quarter ended February 29, 2016. For the quarter, the company reported operating revenue of JPY 36,852 million against JPY 37,365 million a year ago. Operating income was JPY 1,058 million against JPY 766 million a year ago. Ordinary income was JPY 1,000 million against JPY 695 million a year ago. Profit attributable to owners of parent was JPY 514 million against JPY 396 million a year ago. Earnings per share were JPY 41.38 against JPY 31.67 a year ago. Income before income taxes and minority interests was JPY 976 million against JPY 719 million a year ago. Net cash used in operating activities was JPY 1,184 million against JPY 214 million a year ago. Purchase of property, plant and equipment was JPY 3,025 million against JPY 547 million a year ago. Purchase of intangible assets was JPY 32 million against JPY 73 million a year ago.

The company provided consolidated earnings guidance for the six months ending May 31, 2016 and year ending November 30, 2016. For the six months, the company expects operating revenue of JPY 75,000 million, operating income of JPY 1,700 million, ordinary income of JPY 1,830 million, profit attributable to owners of parent of JPY 820 million and earnings per share of JPY 65.87.

For the year, the company expects operating revenue of JPY 153,000 million, operating income of JPY 4,500 million, ordinary income of JPY 4,650 million, profit attributable to owners of parent of JPY 2,350 million and earnings per share of JPY 188.77.

The company provided dividend guidance for the year ending November 30, 2016. The company expects year ended dividend of JPY 17.00 per share against JPY 14.00 per share a year ago.