Hearts United Group Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019
June 25, 2018 at 12:00 am EDT
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Hearts United Group Co., Ltd. announced consolidated earnings results for the full year ended March 31, 2018. For the year, the company reported net sales of JPY 17,353 million compared with JPY 15,444 million for the same period a year ago. Operating income was JPY 1,735 million compared with JPY 1,906 million for the same period a year ago. Ordinary income was JPY 1,782 million compared with JPY 1,997 million for the same period a year ago. Profit attributable to owners of parent was JPY 1,200 million or JPY 53.12 per diluted share compared with JPY 795 million or JPY 34.55 per diluted share for the same period a year ago. Rate of return on equity was 40.0% against 29.2% for the same period a year ago. Ordinary income to total assets ratio was 22.0% against 28.2% for the same period a year ago. Cash flows from operating activities was JPY 1,436 million compared with JPY 1,825 million for the same period a year ago.
The company provided earnings guidance for the full year ending March 31, 2019. For the full year, the company expects to report net sales of JPY 21,000 million, operating income of JPY 2,200 million, ordinary income of JPY 2,224 million and profit attributable to owners of parent of JPY 1,533 million or JPY 70.34 per basic share.
DIGITAL HEARTS HOLDINGS Co., Ltd. , formerly Hearts United Group Co., Ltd., is a Japan-based holding company engaged in the operation of debugging business, media business, Creative business and others. The Company operates in three business segments. The Debugging segment provides debugging services and related services in consumer games, digital solutions and amusement business areas. The Media segment mainly provides promotional activity support services through the planning and operation of the comprehensive game information site 4Gamer.net. The Creative segment provides production support services throughout content creation. The others business provides system development services.
Hearts United Group Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended March 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019