Fujikura Kasei Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported net sales of JPY 14,067 million, operating profit of JPY 407 million, ordinary profit of JPY 466 million and profit attributable to owners of parent of JPY 376 million or JPY 11.80 per share as compared to net sales of JPY 15,747 million, operating profit of JPY 832 million, ordinary profit of JPY 946 million and profit attributable to owners of parent of JPY 619 million or JPY 19.10 per share for the same period a year ago. Profit before income taxes was JPY 430,630,000 compared to JPY 945,519,000 a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2017 and for the year ending March 31, 2018. For the six months, the company expects net sales of JPY 28,500 million, operating profit of JPY 1,300 million, ordinary profit of JPY 1,400 million and profit attributable to owners of parent of JPY 1,000 million or JPY 31.42 per share.

For the year, the company expects net sales of JPY 58,000 million, operating profit of JPY 2,800 million, ordinary profit of JPY 3,000 million and profit attributable to owners of parent of JPY 1,900 million or JPY 59.69 per share.