Hotland Co., Ltd. reported consolidated earnings results for the nine months ended September 30, 2016. For the period, net sales were JPY 23,580 million against JPY 22,848 million a year ago. Operating income was JPY 758 million against JPY 1,154 million a year ago. Ordinary income was JPY 666 million against JPY 1,124 million a year ago. Net income attributable to owners of parent was JPY 133 million against JPY 531 million a year ago. Diluted net income per share was JPY 7.17 against JPY 28.53 a year ago.

For the full year ending December 2016, the company expects to report net sales of JPY 32,000 million, operating income of JPY 1,050 million, ordinary income of JPY 950 million, net income attributable to owners of parent of JPY 300 million or net income per share of JPY 16.36.