Funai Electric Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
Funai Electric Co., Ltd. reported consolidated earnings results for the nine months ended December 2017. For the nine months, the company's net sales were ¥108,763 million against ¥103,416 million a year ago. Operating loss was ¥5,822 million against ¥4,609 million a year ago. Ordinary loss was ¥5,866 million against ¥4,861 million a year ago. Net loss attributable to owners of parent was ¥15,509 million against ¥5,319 million a year ago. Basic loss per share was ¥454.57 against ¥155.91 a year ago. Loss before income taxes was ¥15,725 million against ¥4,595 million a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥140,000 million, operating loss of ¥8,400 million, ordinary loss of ¥8,000 million and loss attributable to owners of parent of ¥17,400 million or ¥509.98 per share.