Futaba Industrial Co., Ltd. Reports Consolidated and Non Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Full Year Ending March 31, 2016
October 28, 2015
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Futaba Industrial Co., Ltd. reported consolidated and non consolidated earnings results for the six months ended September 30, 2015. For the period, on consolidated basis, the company reported net sales of JPY 216,097 million, operating loss of JPY 870 million, ordinary loss of JPY 2,887 million, net loss attributable to owners of parent of JPY 3,399 million or JPY 48.60 per basic share against net sales of JPY 206,078 million, operating income of JPY 1,832 million, ordinary profit of JPY 468 million, net loss of JPY 128 million or JPY 1.83 per basic share a year ago. Loss before income taxes was JPY 2,887 million against income before income taxes of JPY 468 million a year ago. Capital expenditures were JPY 15,124 million against JPY 34,500 million a year ago.
For the period, on non-consolidated basis, the company reported net sales of JPY 118,144 million, operating loss of JPY 1,831 million, ordinary income of JPY 354 million, net income of JPY 206 million against net sales of JPY 117,298 million, operating income of JPY 45 million, ordinary profit of JPY 2,384 million, net income of JPY 2,258 million. Capital expenditures were JPY 8,467 million against JPY 4,507 million a year ago.
For the year ending March 31, 2016, the company expects to pay a dividend of JPY 3.00 per share against JPY 3.00 per share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales of JPY 433,000 million, operating income of JPY 3,100 million, ordinary profit of JPY 500 million, net loss of JPY 1,100 million or JPY 15.73 per share.
FUTABA INDUSTRIAL CO., LTD. is a Japan-based company, primarily engaged in the manufacture and sale of automobile assembly parts, information environment equipment parts, as well as jigs and welding machines. The Company operates in four segments. The Japan segment is engaged in the manufacture and sale of automobile parts, information environment equipment parts, as well as jigs and welding machines. The North America segment is engaged in the manufacture and sale of automobile parts. The Europe segment is engaged in the manufacture and sale of automobile parts. The Asia segment is engaged in the manufacture and sale of automobile parts and information environment equipment parts.
Futaba Industrial Co., Ltd. Reports Consolidated and Non Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016; Provides Dividend Guidance for the Full Year Ending March 31, 2016
FUTABA INDUSTRIAL CO., LTD. 
