BEENOS Inc. Announces Consolidated Earnings Results for the Year Ended September 30, 2018
November 21, 2018 at 09:03 am EST
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BEENOS Inc. announced consolidated earnings results for the year ended September 30, 2018. For the year, the company reported net sales of JPY 22,768 million against JPY 20,711 million reported a year ago. Operating income was JPY 1,533 million against JPY 1,507 million reported a year ago. Profit attributable to owners of parent was JPY 922 million or JPY 75.57 per basic share against JPY 1,011 million or JPY 82.44 per basic share reported a year ago. Annual Income Before Income Taxes was JPY 1,711,381,000 against JPY 1,552,609,000 reported 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.