Hotland Co. Ltd. reported consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported net sales of JPY 16,098 million against JPY 15,598 million a year ago. Operating income was JPY 635 million against JPY 429 million a year ago. Ordinary income was JPY 632 million against JPY 339 million a year ago. Net income attributable to owners of the parent was JPY 192 million or JPY 10.35 diluted per share against JPY 31 million or JPY 1.71 diluted per share a year ago.

For the year ending December 31, 2017, on consolidated basis, the company expects net sales of JPY 34,000 million, operating income of JPY 1,250 million, ordinary income of JPY 1,150 million and net income attributable to owners of parent of JPY 350 million or JPY 19.07 per share a year ago.