Shofu Inc. reported consolidated earnings results for the first quarter ended June 30, 2013. For the quarter, the company reported net loss of JPY 57 million or JPY 3.62 per share on net sales of JPY 4,124 million compared to net loss of JPY 40 million or JPY 2.49 per share on net sales of JPY 3,781 million reported a year ago. Operating income was JPY 46 million compared to JPY 90 million reported a year ago.

For the six months ending September 30, 2013, the company expects net income of JPY 61 million or JPY 3.85 per share on net sales of JPY 8,454 million, operating income of JPY 239 million.

For the year ending March 31, 2014, the company expects net income of JPY 340 million or JPY 21.39 per share on net sales of JPY 17,168 million, operating income of JPY 715 million.