Yuasa Funashoku Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 26,213 million compared to JPY 25,879 million a year ago. Operating income was JPY 379 million compared to JPY 384 million a year ago. Ordinary income was JPY 510 million compared to JPY 505 million a year ago. Profit attributable to owners of the parent was JPY 168 million or JPY 3.75 per basic share, compared to JPY 334 million or JPY 7.43 per basic share, a year ago.

For the first half ending September 2015, the company expects net sales of JPY 54,000 million, operating income of JPY 1,000 million, ordinary income of JPY 1,150 million and profit attributable to owners of the parent of JPY 700 million or JPY 15.57 per basic share.

For the year ending March 2017, the company expects net sales of JPY 108,800 million, operating income of JPY 2,100 million, ordinary income of JPY 2,300 million and profit attributable to owners of parent of JPY 1,400 million or JPY 31.14 per basic share.

For the fiscal year 2017, the company expects to pay year end dividend of JPY 10.00 per share against JPY 10.00 per share paid a year ago.