Espec Corp. announced consolidated earnings results for the first quarter ended June 30, 2015. For the period, net sales were JPY 6,325 million compared to JPY 5,573 million for the same period prior year. Operating loss was JPY 111 million compared to JPY 126 million for the same period prior year. Loss attributable to owners of parent was JPY 55 million compared to JPY 108 million for the same period prior year. Net income per share was JPY 2.42 compared to JPY 4.69 for the same period prior year. Loss before income taxes and minority interests was JPY 10 million compared to JPY 98 million a year ago.

For fiscal 2015 ending March 31, 2016, the company forecasts six months ending September 30, 2015 and full-term net sales to be JPY 16,000 million and JPY 35,000 million respectively; operating income to be JPY 1,000 million and JPY 2,800 million respectively; profit attributable to owners of parent to be JPY 750 million and JPY 2,100 million respectively; and net income per share to be JPY 32.47 and JPY 90.91 respectively.