BEENOS Inc. Announces Consolidated Earnings Results for the Year Ended September 30, 2017
November 31, 2017
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BEENOS Inc. announced consolidated earnings results for the year ended September 30, 2017. For the year, the company reported net sales of JPY 20,711,495,000 against JPY 19,226,513,000 reported a year ago. Operating income was JPY 1,200,465,000 against JPY 1,136,317,000 reported a year ago. Ordinary Income was JPY 1,552,609,000 against JPY 1,211,575,000 reported a year ago. Quarterly income before income taxes was JPY 1,552,609,000 against JPY 1,211,575,000 reported a year ago. Profit attributable to owners of parent was JPY 1,011,418,000 or JPY 82.38 per diluted share against JPY 940,578,000 or JPY 76.93 per diluted share reported a year ago. Net cash provided by operating activities was JPY 421,032,000 compared to JPY 1,531,096,000 a year ago. Purchase of property, plant and equipment was JPY 81,868,000 compared to JPY 40,306,000 a year ago. Purchase of intangible assets was JPY 61,669,000 compared to JPY 98,237,000 a year ago. Return on equity was 13.9% compared to 15.5% a year ago. Return on assets was 11.2% compared to 10.5% a year ago.
BEENOS Inc, formerly netprice.com, Ltd., mainly operates mail-order sales business. It has two segments. The E-commerce segment operates business through three business divisions. The Gathering division is engaged in the mail-order sales through personal computers (PCs), cell phones and smart phones. The Value Cycle division is involved in the purchase, maintenance and sale of secondhand brand-name products, watches, accessories and others. The Cross Boarder division is engaged provision of services making overseas products available for purchase for Japanese clients. The Incubation segment is involved in the provision of Japan products overseas forwarding services, the production of talent licensed products, and the marketing and promotion business focusing on smart phones.
BEENOS INC. 
