FDK Corporation reported consolidated unaudited earnings results for the six months ended September 30, 2016. For the period, the company reported net sales of JPY 37,056 million against JPY 40,610 million a year ago. Operating loss was JPY 376 million against operating income of JPY 1,271 million a year ago. Ordinary loss was JPY 689 million against ordinary income of JPY 1,174 million a year ago. Loss attributable to owners of parent was JPY 892 million or JPY 3.46 per basic share against profit attributable to owners of parent of JPY 969 million or JPY 3.19 per basic share a year ago. Loss before income taxes was JPY 689 million against JPY profit before income taxes of JPY 1,174 million a year ago. Net cash used in operating activities was JPY 344 million against net cash provided by operating activities of JPY 2,902 million a year ago. Purchase of property, plant and equipment was JPY 973 million against JPY 1,509 million a year ago. Purchase of intangible assets was JPY 28 million against JPY 46 million a year ago.

The company provided consolidated earnings guidance for the fiscal year ending March 31, 2017. For the period, the company expects net sales of JPY 75,000 million, operating income of JPY 200 million, ordinary loss of JPY 200 million and profit attributable to owners of parent of JPY 10 million or JPY 0.04 per share.