Yuasa Funashoku Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 27,206 million compared to JPY 26,213 million a year ago. Operating income was JPY 398 million compared to JPY 379 million a year ago. Ordinary income was JPY 504 million compared to JPY 510 million a year ago. Profit attributable to owners of the parent was JPY 345 million or JPY 7.69 per basic share, compared to JPY 168 million or JPY 3.75 per basic share, a year ago.

For the first half ending September 2017, the company expects net sales of JPY 55,000 million, operating income of JPY 1,000 million, ordinary income of JPY 1,100 million and profit attributable to owners of the parent of JPY 750 million or JPY 16.68 per basic share.

For the year ending March 31, 2018, the company expects net sales of JPY 110,000 million, operating income of JPY 2,100 million, ordinary income of JPY 2,300 million and profit attributable to owners of parent of JPY 1,500 million or JPY 333.68 per basic share.

For the fiscal year 2018, the company expects to pay year end dividend of JPY 100.00 per share against JPY 10.00 per share paid a year ago.