Furusato Industries,Ltd. announced unaudited consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported net sales of JPY 47,418,587,000 compared to JPY 44,059,316,000 a year ago. Operating income was JPY 1,217,868,000 compared to JPY 1,267,479,000 a year ago. Interest income was JPY 2,227,000 compared to JPY 4,983,000 a year ago. Ordinary income was JPY 1,378,840,000 compared to JPY 1,402,230,000 a year ago. Income before income taxes was JPY 1,360,623,000 compared to JPY 1,433,026,000 a year ago. Net income attributable to owners of parent was JPY 867,321,000 compared to JPY 918,461,000 a year ago. Net cash used in operating activities was JPY 524,482,000 compared to net cash provided by operating activities of JPY 1,143,757,000 a year ago. Purchase of property, plant and equipment was JPY 454,519,000 compared to JPY 393,423,000 a year ago. As at September 30, 2017, the company's net assets per share was JPY 2,598.04.

The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects net sales of JPY 97,600 million, operating income of JPY 3,280 million, ordinary income of JPY 3,590 million and net income attributable to owners of parent of JPY 2,340 million or JPY 161.41 per share.

The company announced dividend of JPY 5.00 per share for the second quarter ended September 30, 2017 compared to JPY 5.00 per share a year ago.

The company provided dividend guidance for the year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 43.50 per share compared to JPY 48.50 per share a year ago.