Sumida Corporation reported consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported net sales of ¥41,525 million against ¥43,546 million a year ago. Operating income was ¥2,845 million against ¥2,227 million a year ago. Ordinary income was ¥2,339 million against ¥1,899 million a year ago. Net income attributable to owners of parent was ¥1,581 million or ¥68.12 per share against ¥1,069 million or ¥46.10 per share a year ago. Income before income taxes and minority interests was ¥2,344 million against ¥1,715 million a year ago. Net cash provided by operating activities was ¥3,386 million against ¥2,500 million a year ago. Purchase of property, plant and equipment was ¥1,747 million against ¥2,264 million a year ago.

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

The company expects to pay a dividend of ¥6.00 per share for the third quarter of 2016.

The company expects to pay a dividend of ¥6.00 per share for the year ending December 31, 2016.

The company declared a dividend of ¥6.00 per share for the second quarter ended June 30, 2016, payable on August 26, 2016.