Furuya Metal Co., Ltd. reported earnings results for the first quarter ended September 30, 2015. For the period, the company reported net sales of JPY 3,851 million against JPY 6,271 million a year ago. Operating loss was JPY 151 million against income of JPY 589 million a year ago. Ordinary loss was JPY 171 million against income of JPY 638 million a year ago. Net loss was JPY 141 million or JPY 19.77 per share against net profit of JPY 404 million or JPY 56.55 per share a year ago. Loss before income taxes was JPY 171 million against income before income taxes of JPY 638 million a year ago.

For the six months ending December 31, 2015, the company expects net sales of JPY 8,300 million, operating income of JPY 310 million, ordinary income of JPY 280 million and net income of JPY 190 million or 26.51 per share.

For the year ending June 30, 2016, the company expects net sales of JPY 17,400 million, operating income of JPY 1,500 million, ordinary income of JPY 1,450 million and net income of JPY 940 million or JPY 131.13 per share.