Cerespo CO., Ltd. Reports Consolidated Earnings Results for the Year Ended March 27, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
May 26, 2015 at 06:16 am EDT
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Cerespo CO., Ltd. reported consolidated earnings results for the year ended March 27, 2015. For the year, sales were JPY 10,361 million against JPY 9,804 million a year ago. Operating income was JPY 381 million against JPY 348 million a year ago. Ordinary income was JPY 397 million against JPY 357 million a year ago. Net income was JPY 254 million or JPY 46.34 per share against JPY 201 million or JPY 36.81 per share a year ago. Income before income taxes was JPY 390,467 million against JPY 350,897 million a year ago. Cash flows from operating activities was JPY 245,013 million against JPY 201,358 million a year ago. Payments for the acquisition of tangible fixed assets was JPY 20,164 million against JPY 33,347 million a year ago. Payments for acquisition of intangible assets was JPY 13,547 million against JPY 1,532 million a year ago.
For the fiscal year ending March 31, 2016, The company expects sales of JPY 10,400 million, operating income of JPY 415 million, ordinary income of JPY 415 million and net income of JPY 255 million or JPY 46.51 per share.
CERESPO CO., LTD. is a Japan-based company engaged in the planning, design and running of events. The Company operates in six business divisions. The Sports division sets up venues for sports events, such as high school sports festivals and golf tournaments. The Sales Promotion division sets up venues for corporate sales promotion events, such as exhibitions and trade fairs. The Festival division sets up venues for regional development events, such as disaster drills and resident festivals. The Ceremony division sets up venues for ceremonies accompanying construction and civil engineering works, such as groundbreaking, completion and opening ceremonies. The Convention division sets up venues for corporate gatherings, such as commemorative ceremonies and parties. The Recreation division sets up venues for corporate welfare activities, such as cooling festivals and Christmas parties.
Cerespo CO., Ltd. Reports Consolidated Earnings Results for the Year Ended March 27, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
CERESPO CO., LTD. 
