Aoyama Zaisan Networks Co. Ltd. announced consolidated earnings results for the full year ended December 31, 2016. For the period, the company reported net sales of JPY 14,420 million compared with JPY 14,275 million for the same period a year ago. Operating income was JPY 751 million compared with JPY 485 million for the same period a year ago. Ordinary income was JPY 628 million compared with JPY 471 million for the same period a year ago. Profit attributable to owners of parent was JPY 587 million or JPY 49.47 per diluted share compared with JPY 518 million or JPY 43.81 per diluted share for the same period a year ago. Cash flow from operating activities was JPY 1,177 million compared with JPY 801 million for the same period a year ago. Purchase of property, plant and equipment was 22,902,000 compared with 83,548,000 for the same period a year ago. Purchase of intangible assets was 106,507,000 compared with 62,868,000 for the same period a year ago. Profit before income taxes was JPY 623,754,000 compared with JPY 473,723,000 for the same period a year ago.

The company provided dividend guidance for the six months of fiscal 2017, the company expects to pay dividend of JPY 11.00 per share compared to 8.00 per share paid last year.

For the year ending March 31, 2017, the company plans to pay dividend of JPY 17.00 per share compared to 15.00 per share paid last year.

The company provided earnings guidance for the first half and full year ending March 31, 2017. For the first half, the company expects to report net sales of JPY 6,660 million, operating income of JPY 369 million, ordinary income of JPY 324 million and profit attributable to owners of parent of JPY 294 million or JPY 24.78 per share.

For the full year, the company expects to report net sales of JPY 14,800 million, operating income of JPY 820 million, ordinary income of JPY 730 million and profit attributable to owners of parent of JPY 680 million or JPY 57.32 per share.