Funai Electric Co., Ltd. announced Consolidated earnings results for the year ended March 31, 2017. For the full year, the company reported net sales were ¥133,838 million against ¥170,041 million a year ago. Operating loss was ¥6,775 million against ¥10,539 million a year ago. Ordinary loss was ¥7,726 million against ¥13,653 million a year ago. Net loss attributable to owners of parent was ¥6,745 million against ¥33,839 million a year ago. Net loss per share was ¥197.7 against ¥991.81 a year ago. Negative return on equity of 8.4% against 32.6% a year ago. Net assets per share was ¥2,242.38 against ¥2,442.28 a year ago. Net cash used in operating activities was ¥13,329 million against ¥7,549 million a year ago.

The company announced dividend for the fiscal year ending March 31, 2017. For the fiscal year, the company announced dividend of ¥10 per share against ¥30 per share in the same period a year ago.

The company provides earnings guidance for the first half of 2017. The company forecast net sales of ¥81,400 million, operating income of ¥600 million, ordinary income of ¥700 million, profit attributable to owners of parent of ¥400 million, and earnings per share of ¥11.72.

The company provides earnings guidance for the year ending March 31, 2018. The company forecast net sales of ¥160,000 million, operating income of ¥600 million, ordinary income of ¥700 million, profit attributable to owners of parent of ¥200 million, and earnings per share of ¥5.86.