Funai Electric Co., Ltd. reported consolidated earnings results for third quarter and nine months ended December 2016. For the quarter, the company's net sales were ¥37,300 million against ¥46,800 million a year ago. Operating loss was ¥1,000 million against ¥1,400 million a year ago. Ordinary income was ¥2,600 million against loss of ¥1,300 million a year ago. Net income attributable to owners of parent was ¥2,300 million against loss of ¥1,000 million a year ago. Capital investment for the period was ¥2,300 million against ¥2,400 million a year ago.

For the nine months, the company's net sales were ¥103,416 million against ¥133,325 million a year ago. Operating loss was ¥4,609 million against ¥7,213 million a year ago. Ordinary loss was ¥4,861 million against ¥8,471 million a year ago. Loss attributable to owners of parent was ¥5,319 million against ¥9,026 million a year ago. Basic loss per share was ¥155.91 against ¥264.56 a year ago. Loss before tax was ¥4,600 million against ¥8,100 million a year ago. Capital investment for the period was ¥1,900 million against ¥1,600 million a year ago.

For the year ending March 31, 2017, the company expects year end nil dividend against ¥30.00 per share paid for same period a year ago.

For the year ending March 31, 2017, the company now expects net sales of ¥134,500 million, operating loss of ¥6,900 million, ordinary loss of ¥7,800 million and loss attributable to owners of parent of ¥6,900 million or ¥202.23 per share against net sales of ¥134,500 million, operating loss of ¥4,000 million, ordinary loss of ¥8,000 million and loss attributable to owners of parent of ¥8,200 million as previously expected.