Furusato Industries Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the period, the company's net sales were ¥21,420,098,000 against ¥18,615,082,000 a year ago. Operating income was ¥574,640,000 against ¥387,769,000 a year ago. Net income was ¥404,932,000 or ¥27.93 per share against ¥271,894,000 or ¥18.75 per share a year ago. Income before income taxes was ¥657,802,000 against ¥469,833,000 a year ago. Ordinary income was ¥662,712,000 against ¥469,821,000 a year ago.

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.