Heiwa Corp. announced consolidated earnings results for the nine months ended Dec. 31, 2016. For the period, the company's net sales were JPY 149,502 million against JPY 173,390 million for the same period last year. Operating income was JPY 35,834 million against JPY 39,078 million for the same period last year. Profit before income taxes was JPY 34,834 million against JPY 38,001 million for the same period last year. Profit attributable to owners of parent was JPY 23,417 million against JPY 28,321 million for the same period last year. Earnings per diluted share were JPY 237.81 against JPY 304.54 for the same period last year.

For the year ending March 31, 2017, on consolidated basis, the company expects net sales of JPY 205,200 million, operating income of JPY 39,000 million, profit attributable to owners of parent of JPY 30,000 million, and earnings per share of JPY 304.70.

The company expects dividend of JPY 40.00 per share for the fiscal 2017.