Chiikishinbunsha Company Limited Reports Consolidated Earnings Results for the Third Quarter of the Fiscal Year Ending August 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending August 31, 2016
July 30, 2016
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ChiikiShinbunsha Company Limited reported consolidated earnings results for the third quarter ended August 31, 2016. For the period, the company reported net sales were JPY 2,891 million compared with JPY 2,556 million a year ago. Operating income was JPY 93 million compared with JPY 95 million a year ago. Ordinary income was JPY 92 million compared with JPY 99 million a year ago. Net income attributable to owners of parent was JPY 171 million and net income per share of JPY 93.28 compared with JPY 55 million and net income per share of JPY 29.90 a year ago.
The company provided earnings guidance for the full year of the fiscal year ending August 31, 2016. For the full term, the company expects net sales of JPY 3,929 million, operating income of JPY 144 million, ordinary income of JPY 142 million and income attributable to owners of parent of JPY 212 million or JPY 115.39 per share.
Chiikishinbunsha Co Ltd is a Japan-based company mainly engaged in advertising-related business. The Advertising-related business segment includes newspaper publishing business, leaflet distribution business and sales promotion comprehensive support business. The newspaper publishing business puts familiar information related to local events, society, culture and sports in each issue area on the Chiiki Shimbun paper and publishes it every week. The leaflet distribution business is engaged in the distribution of leaflets in Chiiki Shimbun. The sales promotion comprehensive support business supports various sales promotion activities of advertisers through the planning and operation of advertising events, the editing and production of distribution leaflets and posters, and the planning of store display plans. The other businesses include Web business, culture school management business, matching business, mail order business, and human resource business.
Chiikishinbunsha Company Limited Reports Consolidated Earnings Results for the Third Quarter of the Fiscal Year Ending August 31, 2016; Provides Earnings Guidance for the Fiscal Year Ending August 31, 2016