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furusato industries ltd (8087) Details

Furusato Industries,Ltd., together with its subsidiaries, provides steel frame building supplies for steel fabricators in Japan. The company also offers piping products for buildings and production facilities; automation materials, and industrial equipment, such as consumable supplies and tools to machines and tools manufacturers and retailers; and machine and tools for automotive industry. In addition, it provides housing equipment, such as kitchen equipment, bathroom equipment, washing stand, gas equipment, boiler equipment, sanitary equipment, and exterior materials; and security systems. 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.

945 Employees
Last Reported Date: 06/28/17
Founded in 1959

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furusato industries ltd
Furusato Industries,Ltd.(TSE:8087) dropped from S&P Global BMI Index

Furusato Industries,Ltd.(TSE:8087) dropped from S&P Global BMI Index

Furusato Industries Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Six Months Ending September 30, 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending September 30, 2017 and Year Ending March 31, 2018

Furusato Industries Ltd. reported unaudited consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, on consolidated basis the company reported net sales were JPY 21,921 million against JPY 21,050 million reported year ago. Operating income was JPY 358 million against JPY 372 million reported year ago. Ordinary income was JPY 440 million against JPY 445 million reported year ago. Net income attributable to owners of parent was JPY 255 million or JPY 17.62 per share against JPY 294 million or JPY 20.33 per share reported year ago. Net asset per share was JPY 2,535.57. Income before income taxes was JPY 419.575 million against JPY 476.074 million reported year ago. The company provided earnings guidance for the six months ending September 30, 2017 and year ending March 31, 2018. For the six months, the company forecast net sales of JPY 46,000 million, operating income of JPY 1,340 million, ordinary income of JPY 1,480 million and net income attributable to owners of parent of JPY 900 million or JPY 62.08 per share. For the year ending March 31, 2018, the company forecast 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 provided dividend guidance for the second quarter ending September 30, 2017 and year ending March 31, 2018. The company expects second quarter end dividend of JPY 5 per share compared to JPY 5 per share paid a year ago. The company expects year-end dividend of JPY 43.50 per share for the year ending March 31, 2018 compared to JPY 43.50 per share paid a year ago.

Furusato Industries,Ltd. to Report Q1, 2018 Results on Jul 31, 2017

Furusato Industries,Ltd. announced that they will report Q1, 2018 results on Jul 31, 2017

 

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