Tabuchi Electric Co.,Ltd. reported consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of JPY 12,984 million against JPY 21,336 million a year ago. Operating loss was JPY 1,096 million against income of JPY 3,614 million a year ago. Ordinary loss was JPY 1,364 million against income of JPY 3,622 million a year ago. Net loss attributable to parent company shareholders was JPY 912 million against income of JPY 2,478 million a year ago. Net loss per share was JPY 22.57 against income of JPY 61.32 a year ago. Loss before income taxes and minority interests was JPY 1,368 million against income of JPY 3,625 million a year ago. Cash flows used in operating activities was JPY 1,410 million against cash flows from operating activities of JPY 4,259 million a year ago. Purchase of property, plant and equipment was JPY 916 million against JPY 1,724 million a year ago. Purchase of intangible assets was JPY 425 million against JPY 307 million a year ago.

The company announced dividend of JPY 8.00 per share for the second quarter of fiscal year ending March 31, 2017, payable on December 5, 2016.

The company expects dividend of JPY 8.00 per share for the fiscal year ending March 31, 2017.

For the fiscal year ending March 31, 2017, the company expects consolidated net sales of JPY 33,000 million, nil operating income, ordinary loss of JPY 300 million and net loss attributable to parent company shareholders of JPY 400 million or JPY 9.90 per share.