Aoyama Zaisan Networks Company Limited reported consolidated earnings results for the first quarter ended March 31, 2017. For the period, the company reported net sales of JPY 2,947 million, operating income of JPY 382 million, ordinary income of JPY 338 million, profit attributable to owners of the parent of JPY 259 million or JPY 21.81 per diluted share, compared to net sales of JPY 3,644 million, operating income of JPY 246 million, ordinary income of JPY 179 million, Profit attributable to owners of the parent of JPY 158 million or JPY 13.42 per basic share, a year ago. Profit before income taxes was JPY 335.321 million compared to 178.156 million a year ago.

The company provided earnings guidance for the six months end June 30, 2017 and full year ending December 31, 2017. For the six months, the company is expects net sales of JPY 6,723 million, operating income of JPY 600 million, ordinary income of JPY 545 million, profit attributable to owners of the parent of JPY 452 million or JPY 38.10 per share.

For the full year ending December 31, 2017, the company is expecting its net sales of JPY 14,800 million, operating income of JPY 820 million, ordinary income of JPY 730 million, profit attributable to owners of the parent of JPY 680 million or JPY 57.32 per share.

The company provided second quarter end and yearend dividend guidance for the fiscal year ending December 31, 2017. It provided second quarter end cash dividend guidance of JPY 11.00 per share for the fiscal year 2017, compared to JPY 8.00 per share paid a year ago.

The company provided year end cash dividend guidance of JPY 17.00 per share for the fiscal year 2017, compared to JPY 15.00 per share paid a year ago.