Furusato Industries Ltd. announced unaudited consolidated financial results for the six months ended September 30, 2016. For the six months, the company's net sales were JPY 44,059,316,000 against JPY 45,625,166,000 a year ago. Operating income was JPY 1,267,479,000 against JPY 1,569,046,000 a year ago. Ordinary income was JPY 1,402,230,000 against JPY 1,729,007,000 a year ago. Income before income taxes was JPY 1,433,026,000 against JPY 1,720,462,000 a year ago. Net income was JPY 918,461,000 against JPY 1,077,394,000 a year ago. Net income attributable to owners of parent was JPY 918,461,000 against JPY 1,077,394,000 a year ago. Net cash provided by operating activities was JPY 1,143,757,000 against JPY 1,018,612,000 a year ago. Purchase of property, plant and equipment was JPY 393,423,000 against JPY 555,049,000 a year ago. Net income attributable to owners of parent per share was JPY 63.35 against JPY 74.31 a year ago.

The company announced a dividend of JPY 5.00 per share for the second quarter ended September 30, 2016, compared with JPY 5.00 for the same period a year ago.

The company expects to pay a year-end dividend of JPY 42.00 per share for the fiscal year ending March 31, 2017, compared with JPY 45.50 per share for the fiscal year ended March 31, 2016.

For the fiscal year ending March 31, 2017, the company expects to report consolidated net sales of JPY 94,700 million, operating income of JPY 3,190 million, ordinary income of JPY 3,460 million, net income attributable to owners of parent of JPY 2,260 million, and net income attributable to owners of parent per share of JPY 155.88.