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furusato industries ltd (8087) Details

Furusato Industries, Ltd., together with its subsidiaries, provides steel frame building supplies and piping products in Japan. The company trades and retails steel frame building supplies that are used by steel fabricators to assemble and fabricate the frameworks. Its product line includes machines and tools, consumable supplies, cleansers, joint and fabricating supplies, quake-resistant members, work supplies, and packing conveying supplies, as well as lubricant, welding-related, and coating-related products. The company also provides welding materials and fastening products, machinery, and tools for piping, as well as work supplies with a range of piping supplies. In addition, it trades in machine tools for various industries; and offers housing equipment and security systems, as well as machine tools for automotive industry. The company was formerly known as Furusato Tekkosho Ltd. and changed its name to Furusato Industries, Ltd. in 1973. Furusato Industries, Ltd. was founded in 1959 and is headquartered in Osaka, Japan.

925 Employees
Last Reported Date: 06/28/16
Founded in 1959

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furusato industries ltd
Furusato Industries, Ltd. Announces Unaudited Consolidated Financial Results for the Six Months Ended September 30, 2016; Announces Dividend for the Second Quarter Ended September 30, 2016; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017

Furusato Industries Ltd. announced unaudited consolidated financial results for the six months ended September 30, 2016. For the six months, the company’s net sales were JPY 44,059,316,000 against JPY 45,625,166,000 a year ago. Operating income was JPY 1,267,479,000 against JPY 1,569,046,000 a year ago. Ordinary income was JPY 1,402,230,000 against JPY 1,729,007,000 a year ago. Income before income taxes was JPY 1,433,026,000 against JPY 1,720,462,000 a year ago. Net income was JPY 918,461,000 against JPY 1,077,394,000 a year ago. Net income attributable to owners of parent was JPY 918,461,000 against JPY 1,077,394,000 a year ago. Net cash provided by operating activities was JPY 1,143,757,000 against JPY 1,018,612,000 a year ago. Purchase of property, plant and equipment was JPY 393,423,000 against JPY 555,049,000 a year ago. Net income attributable to owners of parent per share was JPY 63.35 against JPY 74.31 a year ago. The company announced a dividend of JPY 5.00 per share for the second quarter ended September 30, 2016, compared with JPY 5.00 for the same period a year ago. The company expects to pay a year-end dividend of JPY 42.00 per share for the fiscal year ending March 31, 2017, compared with JPY 45.50 per share for the fiscal year ended March 31, 2016. For the fiscal year ending March 31, 2017, the company expects to report consolidated net sales of JPY 94,700 million, operating income of JPY 3,190 million, ordinary income of JPY 3,460 million, net income attributable to owners of parent of JPY 2,260 million, and net income attributable to owners of parent per share of JPY 155.88.

Furusato Industries Ltd. to Report Q2, 2017 Results on Oct 31, 2016

Furusato Industries Ltd. announced that they will report Q2, 2017 results on Oct 31, 2016

Furusato Industries Ltd. To Be Deleted From Other OTC

Furusato Industries Ltd.’s common shares will be deleted from Other OTC, effective September 7, 2016. The deletion was due to inactive security.

 

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