Fujita Kanko Inc. announced consolidated earnings results for the six months ended June 30, 2017. For the six months, the company's consolidated net sales were JPY 33,818 million, operating income of JPY 158 million, ordinary income of JPY 255 million, loss attributable to owners of parent of JPY 598 million, loss per share of JPY 49.94, compared to net sales of JPY 32,225 million, operating loss of JPY 438 million, ordinary loss of JPY 432 million, profit attributable to owners of parent of JPY 199 million, earnings per share of JPY 16.64 a year ago. Loss before income taxes was JPY 478 million against profit of JPY 643 million a year ago. Net cash provided by operating activities was JPY 875 million compared to JPY 626 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 6,563 million compared to JPY 3,704 million a year ago. Net cash provided by operating activities was increased JPY 248 million compared with the same period of the previous fiscal year. This was mainly due to an improvement in operating income of JPY 597 million.

For the fiscal year ending December 31, 2017, the company expects to pay a dividend of JPY 40.00 per share, compared with JPY 4.00 per share paid for the same period a year ago.

The company provided consolidated earnings guidance for the fiscal year ending December 31, 2017. For the fiscal year, the company expects to report net sales of JPY 72,000 million, operating income of JPY 2,300 million, ordinary income of JPY 2,300 million, profit attributable to owners of parent of JPY 1,100 million, and profit per share of JPY 91.79.