OSG (TYO:6136) net income attributable to owners of the parent fell 10% to 6.48 billion yen for the fiscal first half from 7.22 billion yen a year ago, according to a Tokyo bourse filing on Thursday.
The machine industry company's earnings per share declined to 68.31 yen from 70.24 yen a year ago.
Net sales decreased slightly by 0.4% to 77.4 billion yen for the six months ended May 31 from 77.7 billion yen a year earlier.
For the fiscal year ending Nov. 30, the company expects an attributable profit of 14.5 billion yen, EPS of 172.06 yen, and net sales of 160 billion yen.
It forecasts to pay a final dividend of 60 yen for the fiscal year.