JVC KENWOOD Corporation reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales were ¥65,699 million against ¥67,283 million a year ago. Operating loss was ¥1,419 million against ¥1,099 million a year ago. Loss attributable to owners of parent was ¥2,794 million or ¥20.11 basic per share against ¥2,337 million or ¥16.86 basic per share a year ago.

The company provided earnings guidance for the full year ending March 2017. For the year, the company expects net sales were ¥295,000 million, operating income was ¥48,000 million and profit attributable to owners of parent was ¥300 million or ¥2.16 basic per share.