Marusho hotta Co.,Ltd. provided dividend guidance for the year end of the fiscal year ending March 31, 2018. For the year end, the company proposes dividend of JPY 4.00 per share compared to JPY 5.00 per share for the same period a year ago.

The company announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of ¥1,696 million against ¥1,733 million a year ago. Operating loss was ¥8 million against operating income of ¥29 million a year ago. Ordinary loss was ¥20 million against ordinary income of ¥25 million a year ago. Loss attributable to owners of parent was ¥26 million against profit attributable to owners of parent of ¥11 million a year ago. Basic loss per share was ¥1.18 against basic earnings per share of ¥0.48 a year ago.

The company provided earnings guidance for the first half and full year of fiscal year ending March 2018. For the first half ending September 2017, the company expects net sales of ¥3,500 million and loss attributable to owners of parent was of ¥16 million or ¥0.75 per share.

For the year ending March 2018, the company expects net sales of ¥7,500 million, operating income of ¥111 million, ordinary income of ¥110 million and profit attributable to owners of parent was of ¥75 million or ¥3.53 per share.