Furusato Industries Ltd. reported consolidated and non consolidated unaudited earnings results for the year ended March 31, 2016. For the year, on consolidated basis the company reported net sales were ¥94,857 million against ¥87,684 million reported year ago. Operating income was ¥3,556 million against ¥3,272 million reported year ago. Ordinary income was ¥3,854 million against ¥3,577 million reported year ago. Net income attributable to owners of parent was ¥2,416 million or ¥166.69 per share against ¥2,230 million or ¥153.81 per share reported year ago. Net cash provided by operating activities was ¥2,613 million against ¥2,700 million reported year ago. ROE was 7.0% against 6.8% reported year ago. ROA was 6.8% against 6.5% reported year ago. Income before income taxes was ¥3,742,819 million against ¥3,621,256 million reported year ago.

For the year, on non consolidated basis the company reported net sales were ¥28,939 million against ¥28,401 million reported year ago. Operating income was ¥1,510 million against ¥1,728 million reported year ago. Ordinary income was ¥1,693 million against ¥1,923 million reported year ago. Net income was ¥1,023 million or ¥70.56 per share against ¥1,176 million or ¥81.13 per share reported year ago.


For the year ending March 31, 2017, the company forecast net sales of ¥94,700 million, operating income of ¥3,190 million, ordinary income of ¥3,460 million and net income attributable to owners of parent of ¥2,260 million.