Showa Aircraft Industry Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 16,857 million compared with JPY 17,346 million for the same period a year ago. Operating income was JPY 1,002 million compared with JPY 1,528 million for the same period a year ago. Ordinary income was JPY 875 million compared with JPY 1,341 million for the same period a year ago. Net income was JPY 541 million or JPY 16.59 per share compared with JPY 887 million or JPY 27.20 per share for the same period a year ago.

The company provided dividend guidance for the full year of fiscal 2016. The company plans to pay a final dividend of JPY 4.00 per share for the full year of fiscal 2016.

The company provided earnings guidance for the full year of 2016. For the full year, the company expects to report net sales of JPY 24,000 million, operating income of JPY 2,000 million, ordinary income of JPY 1,600 million and net income of JPY 1,000 million or JPY 30.66 per share.