Kohsoku Corporation. announced dividend of JPY 13.50 for the second quarter ended September 30, 2016, payable on December 1, 2016.

For the year ending March 31, 2017, the company expects to pay JPY 13.50 per share compared to JPY 14.00 a year ago.

The company reported consolidated earnings results for the second quarter ended September 30, 2016. For the quarter, the company reported net sales of JPY 38,593 million against JPY 37,899 million a year ago. Operating income was JPY 1,455 million against JPY 1,442 million a year ago. Ordinary income was JPY 1,497 million against JPY 1,534 million a year ago. Profit attributable to owners of parent was JPY 1,036 million or JPY 53.68 per share against JPY 1,004 million or JPY 52.02 per diluted share a year ago.

For the year ending March 2017, the company expects net sales of JPY 80,000 million, operating income of JPY 3,150 million, ordinary income of JPY 3,300 million, and profit attributable to owners of parent of JPY 2,200 million or JPY 113.91 per share.