Osaka Organic Chemical Industry Ltd. announced consolidated earnings results for the second quarter ended May 2016. For the quarter, the company reported net sales of JPY 11,655 million compared to JPY 11,879 million a year ago. Operating income was JPY 1,081 million compared to JPY 830 million a year ago. Ordinary income was JPY 1,128 million compared to JPY 892 million a year ago. Profit attributable to owners of parent was JPY 977 million or JPY 43.48 per basic and diluted share compared to JPY 597 million or JPY 26.05 per basic and diluted share a year ago.

For the quarter ending November 2016, the company expects net sales of JPY 24,500 million, operating income of JPY 1,800 million, ordinary income of JPY 1,940 million, net income of JPY 1,430 million and net income per share of JPY 63.80.