Furusato Industries Ltd. announced unaudited consolidated financial results for the nine months ended December 31, 2016. For the nine months period, the company reported net sales of JPY 69,736 million against JPY 70,403 million a year ago. Operating income was JPY 2,196 million against JPY 2,565 million a year ago. Ordinary income was JPY 2,403 million against JPY 2,806 million a year ago. Net income attributable to owners of parent was JPY 1,579 million against JPY 1,773 million a year ago. Net income attributable to owners of parent per share was JPY 108.95 against JPY 122.34 a year ago. Income before income taxes was JPY 2,439 million against JPY 2,798 million a year ago.

For the fiscal year ending March 31, 2017, the company plans to pay a dividend of JPY 42.00 per share for the fiscal year ending March 31, 2017, compared with JPY 45.50 per share paid for the fiscal year ended March 31, 2016.

The company provided consolidated earnings guidance for the year ending March 31, 2017. For the fiscal year ending March 31, 2017, the company expects to report net sales of JPY 94,700 million, operating income of JPY 3,190 million, ordinary income of JPY 3,460 million, net income attributable to owners of parent of JPY 2,260 million, and net income attributable to owners of parent per share of JPY 155.88.