Belluna Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Year Ending March 31, 2019; Provides Dividend Guidance for the Second Quarter Ending September 2018 and Year Ending March 31, 2019; Announces Cash Dividend for the Year Ended March 31, 2018, Payable on June 28, 2018
May 10, 2018
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Belluna Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the period, the company's net sales were ¥161,673 million against ¥146,083 million a year ago. Operating income was ¥13,008 million against ¥10,882 million a year ago. Ordinary income was ¥13,248 million against ¥12,188 million a year ago. Net income was ¥9,665 million against ¥5,802 million a year ago. Net income per share was ¥99.41 against ¥59.68 a year ago. Net cash flows by operating activities were ¥8,924 million against ¥8,214 million a year ago.
For the six months ending September 2018, the company expects net sales to be ¥79,000 million, operating income to be ¥3,800 million, ordinary income to be ¥4,100 million, net income to be ¥2,800 million and net income per share to be ¥28.80.
For the year ending March 31, 2019, the company expects net sales to be ¥180,000 million, operating income to be ¥15,000 million, ordinary income to be ¥15,500 million, net income to be ¥10,500 million and net income per share to be ¥107.99.
For the year ended March 31, 2018, the company announced cash dividend of ¥6.25 per share against ¥6.25 per share paid a year ago. The dividend payment of cash dividends will be June 28, 2018.
For the second quarter ending September 2018, the company expects to pay cash dividend of ¥7.50 per share against ¥6.25 per share paid a year ago.
For the year ending March 31, 2019, the company expects to pay cash dividend of ¥7.50 per share against ¥6.25 per share paid a year ago.
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. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Year Ending March 31, 2019; Provides Dividend Guidance for the Second Quarter Ending September 2018 and Year Ending March 31, 2019; Announces Cash Dividend for the Year Ended March 31, 2018, Payable on June 28, 2018