HIRANO TECSEED Co., Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of JPY 2,222 million compared to JPY 4,199 million a year ago. Operating loss was JPY 50 million compared to income of JPY 91 million a year ago. Ordinary loss was JPY 13 million compared to income of JPY 115 million a year ago. Net loss attributable to the owners of the parent was JPY 21 million compared to income of JPY 44 million a year ago. Net loss per share was JPY 1.46 compared to income of JPY 2.93 a year ago.

For the half year of 2016, on consolidated basis, the company expects net sales of JPY 7,000 million, operating income of JPY 260 million, ordinary income of JPY 300 million, net income of JPY 230 million or JPY 15.29 per share.

For the year ending March 31, 2016, on consolidated basis, the company expects net sales of JPY 16,000 million, operating income of JPY 1,130 million, ordinary income of JPY 1,200 million, net income of JPY 820 million or JPY 54.50 per share.