Funai Electric Co., Ltd. reported consolidated earnings results for the first quarter ended June 2017. For the period, the company's net sales were JPY 32,071 million compared to JPY 25,090 million a year ago. Operating loss was JPY 2,328 million compared to JPY 2,873 million a year ago. Ordinary loss was JPY 2,159 million compared to JPY 5,859 million a year ago. Loss attributable to owners of parent was JPY 1,517 million or JPY 44.49 per basic share, compared to JPY 5,712 million or JPY 167.42 per basic share, a year ago.

The company provided consolidated earnings guidance for the six months ending September 2017 and full fiscal year ending March 31, 2018. For the six months, the company expects to report net sales of JPY 81,400 million, operating income of JPY 600 million, ordinary income of JPY 700 million, profit attributable to owners of parent of JPY 400 million or JPY 11.72 per share.

For the full fiscal year ending March 31, 2018, the company expects to report net sales of JPY 160,000 million, operating income of JPY 600 million, ordinary income of JPY 700 million, profit attributable to owners of parent of JPY 200 million or JPY 5.86 per share.