BEENOS Inc. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2017
February 31, 2018
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BEENOS Inc. reported consolidated earnings results for the first quarter ended December 31, 2017. For the period, the company reported net sales of JPY 5,365 million against JPY 4,970 million a year ago. Operating income was JPY 94 million against JPY 88 million a year ago. Ordinary income was JPY 137 million against JPY 76 million a year ago. Quarterly income before income taxes was JPY 161.368 million against JPY 76.762 million a year ago. Profit attributable to owners of parent was JPY 37.390 million or JPY 3.05 per share against loss attributable to owners of parent of JPY 89 million or JPY 7.31 per share 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.