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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. It offers industrial equipment, such as machines, industrial tools, components, consumable supplies, and other related supplies used for production activities in the manufacturing sector through machines and industrial tools dealers. The company also retails machines and industrial tools to the automotive sector; sells system kitchens, bath units, vanity units, toilets, and other related products to builders, constructors, remodeling companies, and others at wholesale; and imports machine tools, equipment, and tools. In addition, it is involved in the sale of shop-lifting prevention security systems; and proposal, design, construction, and maintenance of production lines and facilities. Further, the company provides machine and facility tools, including machine tools through machine dealers; and sells machines, facilities, and other related products directly to users, primarily machine and industrial tools suppliers. Additionally, it retails structural members, building and consumable supplies, machines, and tools to the steel fabricators who assemble steel frames of steel structure and steel reinforced concrete structure. Furthermore, the company retails equipment and tools, including pipes and fittings, valves, flanges, fastening products, and welding supplies to plumbing contractors who install, repair, and maintain piping facilities primarily in factories and manufacturing plants. 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 (8087) Key Developments

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.

Furusato Industries Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Year Ending March 31, 2017

Furusato Industries Ltd. reported unaudited consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, on consolidated basis the company reported net sales were ¥21,050,792,000 against ¥21,420,098,000 reported year ago. Operating income was ¥372,212,000 against ¥574,640,000 reported year ago. Ordinary income was ¥445,300,000 against ¥662,712,000 reported year ago. Net income attributable to owners of parent was ¥294,732,000 or ¥20.33 per share against ¥404,932,000 or ¥27.93 per share reported year ago. Income before income taxes was ¥476,074,000 against ¥657,802,000 reported year ago. The company provided earnings guidance for the six months and year ending March 31, 2017. For the six months, the company forecast net sales of ¥44,650 million, operating income of ¥1,225 million, ordinary income of ¥1,350 million and net income attributable to owners of parent of ¥870 million or ¥60.01 per share. For the year, the company forecast net sales of ¥94,700 million, operating income of ¥3,190 million, ordinary income of ¥3,460 million and net income attributable to owners of parent of ¥2,260 million or ¥155.88 per share.

Furusato Industries Ltd. to Report Q1, 2017 Results on Aug 01, 2016

Furusato Industries Ltd. announced that they will report Q1, 2017 results on Aug 01, 2016


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