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Futaba Corp. Posts ¥1.45 Billion Half-Year Net Loss

Futaba Corp. reported a net loss of ¥1.45 billion for the half-year ended September 30, compared with a ¥710 million loss a year earlier, under Japanese accounting standards. Revenue rose to ¥22.23 billion from ¥20.95 billion.

Futaba Corp. Posts ¥1.45 Billion Half-Year Net Loss

Operating loss narrowed to ¥615 million from ¥1.13 billion in the prior-year period. The company recorded a pretax loss of ¥170 million, compared with a loss of ¥860 million a year earlier.

Loss per share was ¥34.19, versus ¥16.75 in the same period last year. Figures are based on Japanese accounting standards.

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