NID Co. Ltd. announced consolidated financial results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥12,364.065 million against ¥12,297.904 million a year ago. Operating income was ¥1,209.907 million against ¥1,011.006 million a year ago. Ordinary income was ¥1,294.655 million against ¥1,148.154 million a year ago. Profit attributable to owners of parent was ¥867.739 million or ¥229.23 per share against ¥687.959 million or ¥181.73 per share a year ago. Profit before income taxes was ¥1,287.836 million against ¥1,096.761 million a year ago.

For the year ending March 31, 2017, the company expects net sales of ¥17,500 million, operating income of ¥1,575 million, ordinary income of ¥1,675 million and profit attributable to owners of parent of ¥1,150 million or ¥303.80 per share.

For the year ending March 31, 2017, the company expects to pay a dividend of ¥50 per share against ¥50 per share paid a year ago.