BEENOS Inc. Announces Dividend Guidance for the Year 2020; Announces Consolidated Earnings Results for the First Quarter Ended December 31, 2019
February 14, 2020 at 01:45 am EST
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BEENOS Inc. announced dividend guidance for the year 2020. For the year, the company expects to pay dividend of JPY 18.00 per share against JPY 18.00 per share paid last year.
The company announced consolidated earnings results for the first quarter ended December 31, 2019. For the period, the company reported net sales of JPY 8,129 million against JPY 5,309 million a year ago. Operating income was JPY 2,366 million, net income was JPY 1,594 million or JPY 133.60 per share.
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.