Beenos Inc. Announces Consolidated Earnings Results for the Nine Months Ended June 30, 2017; Provides Earnings Guidance for the Year Ending September 30, 2017; Provides Dividend Guidance for the Year Ending September 30, 2017
August 02, 2017
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BEENOS Inc. announced consolidated earnings results for the nine months ended June 30, 2017. For the period, the company reported net sales of JPY 15,146,874,000 against JPY 14,464,271,000 reported a year ago. Operating Income was JPY 501,023,000 against JPY 1,136,317,000 reported a year ago. Ordinary Income was JPY 557,268,000 against JPY 1,162,357,000 reported a year ago. Quarterly income before income taxes was JPY 557,268,000 against JPY 1,162,357,000 reported a year ago. Profit attributable to owners of parent was JPY 195,852,000 or JPY 15.96 per diluted share against JPY 828,362,000 or JPY 67.76 per diluted share reported a year ago.
For the year ending September 30, 2017, on consolidated basis, the company expects net sales of JPY 20,000 million, operating income of JPY 1,400 million, ordinary income of JPY 1,400 million and net profit of JPY 750 million or JPY 61.47 per share.
For the year ending September 30, 2017, the company expects to pay dividend of JPY 13 per share against JPY 13 per share announced 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. Announces Consolidated Earnings Results for the Nine Months Ended June 30, 2017; Provides Earnings Guidance for the Year Ending September 30, 2017; Provides Dividend Guidance for the Year Ending September 30, 2017