Computer Engineering & Consulting Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended January 31, 2016; Provides Earnings Guidance for the First Half and Full Year Ending January 31, 2017
March 09, 2017
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Computer Engineering & Consulting Ltd. reported consolidated and non-consolidated earnings results for the full year ended January 31, 2016. For the year, on consolidated basis, the company reported net sales of JPY 42,750 million compared to JPY 41,838 million a year ago. Operating income was JPY 3,255 million compared to JPY 2,874 million a year ago. Ordinary income was JPY 3,440 million compared to JPY 2,820 million a year ago. Net income was JPY 1,289 million or JPY 74.29 per diluted share compared to JPY 1,762 million or JPY 100.61 per diluted share a year ago. Return on equity was 5.8% compared to 8.3% a year ago. Net assets per share were JPY 1,265.13 compared to JPY 1,276.39 a year ago. Cash flows from operating activities were JPY 2,243 million compared to JPY 4,470 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 32,123 million compared to JPY 31,408 million a year ago. Operating income was JPY 2,421 million compared to operating JPY 2,147 million a year ago. Ordinary income was JPY 2,591 million compared to JPY 2,089 million a year ago. Net income was JPY 819 million or JPY 46.68 per diluted share compared to JPY 1,377 million or JPY 78.65 per diluted share a year ago. Net assets per share were JPY 1,148.82 compared to JPY 1,179.24 a year ago.
The company provided earnings guidance for the first half and full year ending January 31, 2017. For the first half, the company expects net sales of JPY 22,000 million, operating income of JPY 1,650 million, ordinary income of JPY 1,670 million, net income of JPY 1,000 million or JPY 57.27 per share.
For the year, the company expects net sales of JPY 45,000 million, operating income of JPY 3,450 million, ordinary income of JPY 3,500 million, net income of JPY 2,200 million or JPY 125.99 per share.
COMPUTER ENGINEERING & CONSULTING LTD. is engaged in the industry automation business, system integration business and platform integration business. The industrial automation business mainly provides products and services that support innovation in field of manufacturing from the aspect of ICT to customers in assembly manufacturing industry. The system integration business mainly provides system integration services specialized in business types and tasks for customers in the manufacturing, finance, public, government, and local governments. The platform integration business provides the ICT infrastructure best suited to businesses promoted by customers and the business platform services necessary for business execution, with the company's own data center connected by the Network as the core.
Computer Engineering & Consulting Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended January 31, 2016; Provides Earnings Guidance for the First Half and Full Year Ending January 31, 2017