Sumida Corp. announced consolidated and non-consolidated earnings results for the year ended December 31, 2015. For the year, the company reported consolidated net sales of JPY 86,236 million compared to JPY 77,563 million a year ago. Operating income was JPY 4,237 million compared to JPY 3,345 million a year ago. Ordinary income was JPY 3,309 million compared to JPY 2,799 million a year ago. Net income was JPY 2,032 million or JPY 87.55 per basic share compared to JPY 1,346 million or JPY 58.01 per basic share a year ago. Income before income taxes and minority interests was JPY 2,932 million compared to JPY 3,162 million a year ago. Net cash provided by operating activities was JPY 5,515 million compared to JPY 1,512 million a year ago. Purchase of property, plant and equipment was JPY 4,378 million compared to JPY 6,109 million a year ago.

For the year, the company reported non-consolidated net sales of JPY 2,727 million compared to JPY 2,321 million a year ago. Operating income was JPY 2,024 million compared to JPY 1,792 million a year ago. Ordinary income was JPY 1,828 million compared to JPY 1,557 million a year ago. Net income was JPY 1,698 million or JPY 73.16 per basic share compared to JPY 1,271 million or JPY 54.77 per basic share a year ago.

For the full year ending December 31, 2016, on consolidated basis, the company expects net sales of JPY 88,000 million, operating income of JPY 4,800 million, ordinary income of JPY 4,200 million, net profit attributable to owners of parent of JPY 2,500 million or JPY 107.71 per share.

For the fiscal year ended December 31, 2015, the company announced year-end dividend of JPY 11.00 per share against JPY 5.00 per share paid a year ago. Date on which dividend payments to commence is March 3, 2016.

For the fiscal year ending December 31, 2016, the company expects dividend of JPY 24.00 per share against JPY 26.00 per share paid last year.