Watami Co., Ltd. announced consolidated earnings results for the first quarter ended June 2015. For the quarter, the company reported net sales of JPY 34,516 million compared to JPY 39,456 million a year ago. Operating loss was JPY 954 million compared to JPY 115 million a year ago. Ordinary loss was JPY 1,245 million compared to JPY 435 million a year ago. Loss attributable to owners of parent company was JPY 1,542 million or JPY 41.30 per share compared to JPY 992 million or JPY 26.58 per share a year ago.

For the first half year ending September 2015, the company expects net sales of JPY 71,000 million, operating income of JPY 300 million, ordinary loss of JPY 100 million and net loss of JPY 500 million or JPY 13.38 per share.

For the year ending March 31, 2016, the company expects net sales of JPY 148,800 million, operating income of JPY 1,300 million, ordinary income of JPY 500 million and net income of JPY 1,000 million or JPY 26.77 per share.