Pasona Group Inc. announced consolidated earnings results for the half year ended November 30, 2016. For the half year, the company's net sales were ¥136,867 million compared with ¥127,602 million a year ago. Operating income was ¥794 million compared with ¥1,072 million a year ago. Ordinary income was ¥759 million compared with ¥977 million a year ago. Loss attributable to owners of parent was ¥816 million compared with ¥334 million a year ago. Net loss per share was ¥22.18 compared to ¥9.08 a year ago. Income before income taxes was ¥724 million compared with ¥985 million a year ago. Net cash used in operating activities amounted to ¥515 million against ¥4,919 million for in the first half of 2015. Purchase of property, plant and equipment was ¥685 million compared with ¥576 million a year ago. Purchase of intangible assets was ¥562 million compared with ¥692 million a year ago.


For the fiscal year ending May 31, 2017, the company forecasts net sales of ¥283,000 million, operating income of ¥4,300 million, ordinary income of ¥4,200 million, net income of ¥500 million or ¥13.59 per share.

For the fiscal year ending May 31, 2017, the company forecasts dividend of ¥12.00 per share against ¥12.00 per share paid for the same period a year ago.