Densan System Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended December 31, 2017; Provides Earnings Guidance for the Six Months and Year Ending December 31, 2018
January 29, 2018
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Densan System Co., Ltd. announced consolidated and non-consolidated earnings results for the full year ended December 31, 2017. For the quarter, on consolidated basis, the company's net sales were ¥33,545 million compared with ¥30,369 million a year ago. Operating income was ¥1,297 million compared with ¥1,125 million a year ago. Ordinary income was ¥1,336 million compared with ¥1,157 million a year ago. Net income attributable to parent shareholders was ¥821 million or ¥84.13 per basic share compared with ¥732 million or ¥75.42 per basic share a year ago. Cash flow from operating activities was ¥1,285 million compared to ¥1,354 million a year ago. Net assets per share were ¥933.05 compared to ¥866.60 a year ago.
For the quarter, on non-consolidated basis, the company's net sales were ¥30,926 million compared with ¥28,496 million a year ago. Operating income was ¥1,072 million compared with ¥1,055 million a year ago. Ordinary income was ¥1,094 million compared with ¥1,083 million a year ago. Net income was ¥719 million or ¥73.66 per basic share compared with ¥691 million or ¥71.16 per basic share a year ago. Net assets per share were ¥901.53 compared to ¥844.74 a year ago.
For the six months 2018, the company forecasts net sales of ¥17,990 million, operating income of ¥523 million, ordinary income of ¥550 million, and net income attributable to parent shareholders of ¥343 million or ¥35.15 per share.
For the fiscal year ending December 31, 2018, the company forecasts net sales of ¥36,500 million, operating income of ¥1,310 million, ordinary income of ¥1,345 million, and net income attributable to parent shareholders of ¥843 million or ¥86.21 per share.
Densan System Holdings Co Ltd mainly manages the business of group companies and conducts incidental operations as a holding company. Through the wholly owned subsidiary, as a comprehensive information processing service company, the Company operates business in two business segments, including Information Service business segment and Payment-Collection Agency Service business segment. The Information Service business segment provides products and services, such as information processing services, system integration, software development, and system equipment. The Payment-Collection Agency Service business segment provides payment-collection agent services through credit card companies, convenience stores, banks, and electronic money businesses.
Densan System Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended December 31, 2017; Provides Earnings Guidance for the Six Months and Year Ending December 31, 2018