Sato Restaurant Systems Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of ¥9,572 million against ¥9,386 million a year ago. Operating loss was ¥261 million against income of ¥35 million a year ago. Ordinary loss was ¥407 million against income of ¥5 million a year ago. Loss attributable to owners of the parent was ¥586 million or ¥17.67 per share against ¥43 million or ¥1.47 per share a year ago. Loss before income taxes and minority interests was ¥414,137 million against income of ¥2,046 million a year ago.

For the first six months ended Sep. 30, 2016, the company expects, net sales of ¥20,900 million, operating income of ¥310 million, Ordinary income of ¥330 million, net loss attributable to owners of the parent of ¥20 million or ¥0.60 per share.

For the Year ended March 31, 2017, the company expects, net sales of ¥43,400 million, operating income of ¥850 million, Ordinary income of ¥940 million, net profit attributable to owners of the parent of ¥400 million or ¥12.04 per share.