Furusato Industries Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Year Ending March 31, 2017
The company provided earnings guidance for the six months and year ending March 31, 2017. For the six months, the company forecast net sales of ¥44,650 million, operating income of ¥1,225 million, ordinary income of ¥1,350 million and net income attributable to owners of parent of ¥870 million or ¥60.01 per share.
For the year, 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 or ¥155.88 per share.