Furusato Industries, Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2014
For the period, on non- consolidated basis, net sales are expected to be JPY 13,609 million against JPY 12,500 million as previously reported. Operating income is expected to be JPY 772 million against JPY 560 million as previously reported. Ordinary income is expected to be JPY 870 million against JPY 625 million as previously reported. Net income is expected to be JPY 529 million against JPY 375 as previously reported. Net income per share is expected to be JPY 36.49 against JPY 25.86 a year ago. On both consolidated and non-consolidated bases, Furusato expects operating income, ordinary income and net income to surpass the previous forecasts due to higher-than-expected growth in net sales.