Hiraga Co., Ltd. announced the dividend for the year ended of March 31, 2016. For the period, the company announced the dividend of JPY 15.00 per share compared to JPY 8.00 per share for the same period a year ago. The dividend will be payable on June 30, 2016.

The company provided dividend guidance for the year ending of March 31, 2017. For the period, the company provided dividend guidance of JPY 15.00 per share compared to JPY 15.00 per share a year ago.

The company reported consolidated earnings results for the year ended March 2016. For the year, the company reported net sales of JPY 8,752 million compared to JPY 8,674 million a year ago. Operating income was JPY 386 million compared to JPY 108 million a year ago. Ordinary income was JPY 412 million compared to JPY 129 million a year ago. Profit was JPY 330 million or JPY 89.65 per basic share compared to JPY 335 million or JPY 91.04 per basic share a year ago. Rate of return on equity was 16.5% compared to 19.9% a year ago. Cash flows from operating activities were JPY 374 million against JPY 320 million a year ago.

The company provided earnings guidance for the six months ending September 2016 and the year ending March 2017. For the six months ending September 2016, the company expects net sales of JPY 4,322 million, operating income of JPY 138 million, ordinary income of JPY 149 million and profit of JPY 89 million or JPY 24.35 per share.

For the year ending March 31, 2017, the company expects net sales of JPY 8,900 million, operating income of JPY 383 million, ordinary income of JPY 403 million and profit of JPY 238 million or JPY 64.61 per share.