BEENOS Inc. Announces Year-End Dividend for the Full Year Ended September 30, 2019, Payable on December 6, 2019; Provides Year-End Dividend Guidance for the Fiscal Year Ending September 30, 2020; Reports Consolidated Earnings Results for the Year Ended September 30, 2019; Provides Earnings Guidance for the Year Ending September 30, 2020
November 07, 2019 at 02:30 am EST
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BEENOS Inc. announced year end dividend for the full year ended September 30, 2019. For the year end, the company announced dividend of JPY 18 per share compared to JPY 13 per share paid a year ago. Scheduled date of commencement of dividend payment is on December 6, 2019.
The company provided year-end dividend guidance for the fiscal year ending September 30, 2020. For the year end, the company expects to pay dividend of JPY 18 per share.
The company reported consolidated earnings results for the year ended September 30, 2019. For the year, the company's net sales were JPY 25,276.757 million compared to JPY 22,768.203 million a year ago. Operating income was JPY 1,707.633 million compared to JPY 1,533.508 million a year ago. Annual net income was JPY 1,060.525 million compared to JPY 1,047.811 million a year ago. Basic net income per share was JPY 89.58 compared to JPY 75.57 a year ago.
The company provided earnings guidance for the year ending September 30, 2020. For the year, the company expects net sales of JPY 26,000 million, operating income of JPY 3,000 million, net income of JPY 1,800 million and net income per share of JPY 150.81.
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. Announces Year-End Dividend for the Full Year Ended September 30, 2019, Payable on December 6, 2019; Provides Year-End Dividend Guidance for the Fiscal Year Ending September 30, 2020; Reports Consolidated Earnings Results for the Year Ended September 30, 2019; Provides Earnings Guidance for the Year Ending September 30, 2020
BEENOS INC. 
