Showa reported earnings results for the first half ended September 30, 2015. For the period, net income rising 27.8% year-on-year to JPY 7.4 billion. Operating income grew 44.3% year-on-year to JPY 11.5 billion. However, its net sales for the period fell 1.6% year-on-year to JPY 128.5 billion.

For the full-year 2016, the company expects to post net income of JPY 9 billion and while operating income and net sales are expected to be JPY 16.7 billion and JPY 259 billion, respectively.