SAMCO Inc. announced earnings results for the first quarter ended October 2017. For the quarter, the company reported net sales of JPY 649 million compared to JPY 469 million a year ago. Operating loss was JPY 144 million compared to JPY 178 million a year ago. Ordinary loss was JPY 128 million compared to JPY 177 million a year ago. Loss was JPY 92 million or JPY 11.46 per basic share compared to JPY 127 million or JPY 15.84 per basic share a year ago.

The company provided earnings guidance for the first six months and year ending July 31, 2018. For the six months ending January 2018, the company expects net sales of JPY 2,200 million. Operating income expected to be JPY 170 million. Ordinary income expected to be JPY 165 million. Profit is expected to be JPY 140 million. Basic earnings per share expected to be JPY 17.42 per share.

For the year, the company expects net sales of JPY 4,500 million. Operating income expected to be JPY 375 million. Ordinary income expected to be JPY 365 million. Profit expected to be JPY 315 million. Basic earnings per share expected to be JPY 39.21 per share.