Heiwa Corp. announced consolidated earnings results for the six months ended September 30, 2016. For the six months, the company's net sales were JPY 93,633 million against JPY 119,620 million for the same period last year. Operating income was JPY 23,275 million against JPY 26,446 million for the same period last year. Ordinary income was JPY 22,819 million against JPY 25,896 million for the same period last year. Profit before income taxes was JPY 22,283 million against JPY 25,614 million for the same period last year. Profit attributable to owners of parent was JPY 14,758 million against JPY 19,248 million for the same period last year. Earnings per diluted share was JPY 149.71 against JPY 213.42 for the same period last year.

For the fiscal year 2017, the company expects consolidated net sales of JPY 205,200 million, operating income of JPY 39,000 million, ordinary income of JPY 37,700 million, profit attributable to owners of parent of JPY 30,000 million, and earnings per share of JPY 304.70.

The company announced dividend of JPY 40.00 per share for the second quarter of fiscal 2017, payable on December 9, 2016.

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

For the quarter, the company reported impairment loss of JPY 518 million.