Belluna Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2020 and Full Year Ending March 31, 2020; Provides Consolidated Earnings Guidance for the Six Months Ending September 2019 and for the Year Ending March 31, 2020
July 30, 2019
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Belluna Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 46,155 million against JPY 41,979 million a year ago. Operating income was JPY 1,951 million against JPY 2,476 million a year ago. Net income was JPY 1,113 million or JPY 11.50 per share against JPY 2,866 million or JPY 29.48 per share a year ago.
The company provided dividend guidance for the second quarter of fiscal year ending March 31, 2020 and full year ending March 31, 2020. For the second quarter of fiscal year ending March 31, 2020, the company expects to pay a final dividend of JPY 8.00 per share against JPY 7.50 per share paid a year ago.
For the fiscal year ending March 31, 2020, the company expects to pay a final dividend of JPY 8.00 per share against JPY 7.50 per share paid a year ago.
The company provided consolidated earnings guidance for the six months ending September 2019 and for the year ending March 31, 2020. For the interim period ending September 2019, the company expects to report net sales of JPY 87,000 million, operating income of JPY 4,500 million and net income of JPY 3,340 million or JPY 34.49 per share.
For the year ending March 31, 2020, the company expects to report net sales of JPY 185,000 million, operating income of JPY 14,000 million and net income of JPY 10,500 million or JPY 108.43 per share.
BELLUNA CO.,LTD. is a Japan-based company mainly engaged in the mail order business. The Company operates through seven business segments. General Mail Order segment is involved in the sale of lifestyle related products such as clothing, household goods and furniture, as well as the provision of the related business. Specialty Mail Order segment is involved in the sale of single items, as well as the sale of products specialized for specific customers. Store Sales segment is involved in the sale of clothing and kimono-related products. Solution segment is involved in the consignment business. Finance segment in involved in the provision of consumer finance business for mail order business customers. Property segment mainly includes real estate leasing business, real estate revitalization and development business and hotel business. Other segment is involved in the renting and wholesale of clothing, as well as the operation of golf courses.
Belluna Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2020 and Full Year Ending March 31, 2020; Provides Consolidated Earnings Guidance for the Six Months Ending September 2019 and for the Year Ending March 31, 2020
BELLUNA CO., LTD. 
