Nichidai Corporation reported consolidated earnings results for the year ended March 31, 2016. For the year, the company reported net sales of ¥14,264 million, operating income of ¥828 million, ordinary income of ¥766 million and net income attributable to owners of the parent of ¥485 million or ¥53 per share compared to net sales of ¥14,635 million, operating income of ¥1,269 million, ordinary income of ¥1,311 million and net income of ¥875 million or ¥96 per share reported in the same period last year. Return on equity was 5.2% against 9.9% a year ago. Cash from operating activities was ¥1,074 million against ¥1,475 million a year ago.

For the year, the company reported year end dividend of ¥10.00 per share compared to ¥12.00 per share paid for the same period a year ago. The dividend is payable on June 24, 2016.

For the fiscal year ending March 31, 2017, the company expected year end dividend of ¥10.00 per share compared to ¥10.00 per share paid for the same period a year ago.

For the six months ending September 30, 2016, the group expected to report net sales of ¥6,760 million, operating income of ¥310 million, ordinary income of ¥305 million and net income of ¥195 million or ¥21 per share.

For the fiscal year ending March 31, 2017, the group expected to report net sales of ¥14,000 million, operating income of ¥885 million, ordinary income of ¥870 million and net income of ¥575 million or ¥63 per share.