The Furukawa Battery Co., Ltd. reported earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported profit attributable to owners of the parent for the first quarter ended June 30, 2016 was JPY 113 million, or JPY 3.45 per basic share compared to JPY 408 million or JPY 12.46 per basic share, for the same quarter ended June 30, 2015. Net sales for the first quarter ended June 30, 2016 were JPY 11.5 billion compared to JPY 12.1 billion for the same quarter ended June 30, 2015. Operating income for the first quarter ended June 30, 2016 was JPY 226 million, compared to JPY 341 million for the same quarter ended June 30, 2015.

For the fiscal year ending March 31, 2017, the company expects profit attributable to owners of the parent to be JPY 2.2 billion and earnings per share to be JPY 67.11. Net sales to be JPY 59 billion.