Meiko Network Japan Co., Ltd. provided dividend guidance for the second quarter-end and year-end of fiscal year 2017. For the second quarter-end, the company expects to pay dividend of JPY 20.00 per share.

For the year-end, the company expects to pay final dividend of JPY 20.00 per share for the full year of fiscal 2017.

The company announced consolidated earnings results for the first quarter ended November 30, 2016. For the quarter, the company reported net sales of JPY 4,476,483,000 against JPY 4,111,115,000 a year ago. Operating income was JPY 544,401,000 against JPY 379,712,000 a year ago. Ordinary income was JPY 599,088,000 against JPY 369,821,000 a year ago. Income before income taxes and non-controlling interests was JPY 599,088,000 compared to Loss before income taxes and non-controlling interests of JPY 34,119,000 a year ago. Profit attributable to the owners of the parent was JPY 326,474,000 or JPY 12.29 per share against loss attributable to the owners of the parent was JPY 94,027,000 or JPY 3.43 per share a year ago.

For the six months, the company expects net sales of JPY 9,891 million, operating income of JPY 1,349 million, ordinary income of JPY 1,406 million, net income attributable to owners of the parent of JPY 754 million or JPY 28.42 per share.

For the full year ending August 31, 2017, the company expects net sales of JPY 20,041 million, operating income of JPY 2,560 million, ordinary income of JPY 2,650 million, net income attributable to owners of the parent of JPY 1,510 million or JPY 56.86 per share.