FRONTEO, Inc. reported unaudited consolidated earnings results for the six months ended September 30, 2017. For the period the company reported, net sales of JPY 5,851 million compared to JPY 5,237 million in the prior year period. Operating loss was JPY 648 million compared to JPY 673 million in the prior year period. Ordinary loss was JPY 686 million compared to JPY 776 million in the prior year period. Net loss attributable to owners of the parent was JPY 949 million compared to JPY 518 million in the prior year period. Net loss per share was JPY 25 compared to JPY 14.46 in the prior year period. Loss before income taxes was JPY 995.024 million compared to JPY 804.987 million in the prior year period. Net cash used in operating activities was JPY 115.234 million compared to net cash provided by operating activities was JPY 238.669 million in the prior year period. Purchase of property, plant and equipment was JPY 124.728 million compared to JPY 167.878 million in the prior year period. Purchase of intangible assets was JPY 166.026 million compared to JPY 323.593 million in the prior year period.


For the fiscal year ending March 31, 2018, the company expects net sales of JPY 12,600 million, operating income of JPY 200 million, ordinary income of JPY 150 million, net loss attributable to owners of the parent of JPY 417 million and net loss per share of JPY 10.97.