Funai Electric Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2012. For the quarter, the company reported net sales of JPY 40,020 million, operating income of JPY 947 million, ordinary income of JPY 2,060 million, net income before taxes and other adjustments was JPY 2,130 million and net loss was JPY 1,848 million or JPY 54.17 per share compared to net sales of JPY 65,618 million, operating income of JPY 322 million, ordinary income of JPY 75 million, net income before taxes and other adjustments was JPY 60 million and net loss was JPY 2,350 million or JPY 68.90 per share a year ago. Income before income taxes was JPY 60 million compared to JPY 2,130 million a year ago. Cash flow provided by operating activities was JPY 26 million. The company provided consolidated earnings guidance for the first six months and full year of fiscal ending March 31, 2013. For the six months ending September 30, 2012, the company expects net sales of JPY 102,000 million, operating income of JPY 1,100 million, ordinary income of JPY 1,200 million and net income of JPY 200 million or JPY 5.86 per share. For the year, the company expects net sales of JPY 229,000 million, operating income of JPY 4,000 million, ordinary income of JPY 4,000 million and net income of JPY 2,500 million or JPY 73.27 per share.