Yamashin-Filter CORP. reported consolidated and non-consolidated earnings results for the year ended March 31, 2016. For the year, the company reported net sales of JPY 9,458 million compared to JPY 10,703 million a year ago. Operating income was JPY 407 million compared to JPY 869 million a year ago. Ordinary income was JPY 349 million compared to JPY 830 million a year ago. Net income attributable to owners of parent was JPY 183 million or JPY 14.79 per share compared to JPY 430 million or JPY 76.69 per share a year ago. Cash flows from operating activities were JPY 1,232 million compared to JPY 111 million a year ago. Return on equity was 2.9% compared to 7.7% a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 8,581 million compared to JPY 9,585 million a year ago. Operating loss was JPY 99 million compared to profit of JPY 159 million a year ago. Ordinary income was JPY 118 million compared to JPY 204 million a year ago. Net income was JPY 130 million or JPY 10.51 per share compared to JPY 42 million or JPY 3.79 per share a year ago.

For the year ending March 31, 2017, the company expects consolidated net sales of JPY 8,670 million operating income of JPY 344 million, ordinary income of JPY 286 million and net income attributable to owners of parent of JPY 181 million or JPY 14.62 per share.

For the year 2016, the company announced dividend of JPY 05.00 per share.

For the year March 2017, the company expects to pay dividend of JPY 05.00 per share compared to JPY 05.00 per share a year ago.