Ryosan Company, Limited reported consolidated earnings results for the six months ended September 30, 2016. For the six months, net sales were ¥101,884 million against ¥116,770 million last year. Operating income was ¥1,877 million against ¥2,845 million last year. Ordinary income was ¥2,345 million against ¥2,658 million last year. Profit before income taxes was ¥2,345 million against ¥2,663 million last year. Profit attributable to owners of parent was ¥1,703 million or ¥58.13 per basic share against ¥1,839 million or ¥59.30 per basic share last year. Net cash provided by operating activities was ¥2,447 million against net cash used in operating activities ¥205 million last year. Purchase of property, plant and equipment was ¥42 million against ¥64 million last year. Purchase of intangible assets was ¥177 million against ¥222 million last year.

For the year ending March 31, 2017, the company expects net sales of ¥215,000 million, operating income of ¥4,400 million, ordinary income of ¥4,900 million, and profit attributable to owners of parent of ¥3,600 million or ¥123.78 per basic share against previous guidance of net sales of ¥230,000 million, operating income of ¥5,600 million, ordinary income of ¥5,600 million, and profit attributable to owners of parent of ¥3,700 million or ¥125.57 per basic share.