Sotsu Co. Ltd. reported consolidated and non- consolidated earnings results for the year ended August 31, 2015. For the year, on consolidated basis, the company reported net sales of JPY 23,910 million compared to JPY 22,298 million a year ago. Operating income was JPY 3,411 million compared to operating income of JPY 3,376 million a year ago. Ordinary income was JPY 3,392 million compared to ordinary income of JPY 3,327 million a year ago. Net income was JPY 2,093 million compared to net income of JPY 2,027 million a year ago. Net income per share JPY 137.92 compared to JPY 129.35 a year ago. Cash flows from operating activities were JPY 1,958.242 million compared to JPY 2,465.306 million a year ago. Purchase of property, plant and equipment was JPY 8.488 million compared to JPY 1.302 million a year ago. Purchase of intangible assets was JPY 13.917 million compared to JPY 12.557 million a year ago. Income before income taxes and minority interest was JPY 3,463.842 million compared to JPY 3,385.877 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 21,833 million compared to JPY 20,168 million a year ago. Operating income was JPY 2,883 million compared to operating income of JPY 2,823 million a year ago. Ordinary income was JPY 2,923 million compared to ordinary income of JPY 2,823 million a year ago. Net income was JPY 1,860 million compared to net income of JPY 1,702 million a year ago. Net income per share JPY 122.57 compared to JPY 108.59 a year ago. Cash flows from operating activities were JPY 1,958 million compared to JPY 2,465 million a year ago.

The company provided consolidated and non- consolidated earnings guidance for the six months ending February 29, 2016 and full year ending August 31, 2016. For the six months, on consolidated basis, the company expects net sales of JPY 12,600 million, operating income of JPY 1,700 million, ordinary income of JPY 1,680 million and profit attributable to owners of parent of JPY 1,050 million or JPY 71.55 per share.

For the year, on consolidated basis, the company expects net sales of JPY 24,500 million, operating income of JPY 3,500 million, ordinary income of JPY 3,500 million and profit attributable to owners of parent of JPY 2,200 million or JPY 149.92 per share.

For the six months, on non-consolidated basis, the company expects net sales of JPY 11,700 million, ordinary income of JPY 1,560 million and net income of JPY 980 million or JPY 66.78 per share.

For the year, on non-consolidated basis, the company expects net sales of JPY 22,500 million, ordinary income of JPY 3,000 million and net income of JPY 1,900 million or JPY 129.48 per share.

The company declared dividend of JPY 20.00 per share for the year ended August 31, 2015 compared to JPY 30.00 per share for the year ended August 31, 2014. The dividend is payable on November 26, 2015.

The company expects to pay a dividend of JPY 15.00 per share for the six months ending February 29, 2016 and JPY 20.00 per share for the fiscal year ending August 31, 2016 compared to JPY 15.00 per share for the six months ended February 28, 2015 and JPY 20.00 per share for the fiscal year ended August 31, 2015.