Furusato Industries Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2015 and Year Ending March 31, 2016; Provides Dividend Guidance for the Second Quarter and Year Ending March 31, 2016
The company provided consolidated earnings guidance for the six months ending September 30, 2015 and year ending March 31, 2016. For the six months, the company expects net sales of ¥44,300 million, operating income of ¥1,400 million, ordinary income of ¥1,530 million and net income of ¥960 million or ¥66.21 per share.
For the year 2016, the company expects net sales of ¥90,400 million, operating income of ¥3,050 million, ordinary income of ¥3,300 million and net income of ¥2,010 million or ¥138.63 per share and ordinary income of ¥3,180 million.
The company expects interim dividend of ¥5.00 per share and year end dividend of ¥37.00 per share.