Funai Electric Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Announces Dividend for the Fiscal Year Ending March 31, 2017; Provides Earnings Guidance for the First Half of 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
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.