H.I.S. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended April 30, 2013; Provides Earnings Guidance for the Year Ending October 31, 2013; Provides Dividend Guidance for the Year Ending October 31, 2013
June 06, 2013
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H.I.S. Co., Ltd. reported consolidated earnings results for the six months ended April 30, 2013. For the period, the company's net sales were JPY 224,633 million compared to JPY 201,289 million a year ago. Operating income was JPY 6,056 million compared to JPY 5,039 million a year ago. Ordinary income was JPY 7,847 million compared to JPY 6,438 million a year ago. Income before income taxes and minority interests was JPY 7,918 million compared to JPY 6,541 million a year ago. Net income was JPY 4,681 million or JPY 144.36 per share compared to JPY 4,138 million or JPY 127.62 per share a year ago. Net cash provided by operating activities was JPY 2,167 million compared to net cash used in operating activities of JPY 822 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 4,052 million compared to JPY 1,906 million a year ago.
The company provided earnings guidance for the year ending October 31, 2013. For the period, the company expects net sales off JPY 490,000 million, operating income of JPY 15,000 million, ordinary income of JPY 17,000 million and net income of JPY 10,000 million or JPY 308.39 per share.
The company provided dividend guidance for the year ending October 31, 2013. For the period, the company expects to pay annual dividend of JPY 34 per share.
H.I.S. Co., Ltd. is primarily engaged in travel business. The Company operates in four segments. The Travel segment is engaged in the provision of related services of overseas and domestic travel. The Huisten Bos Group segment has owned and operated theme parks in Sasebo City, Nagasaki Prefecture and Gamagori City in Aichi Prefecture, and develops new power sources such as renewable energy, and incidental projects. The Hotel segment is engaged in hotel and related business in Japan, Taiwan and others. The Kyushu Industrial Transportation Group, with the Kyushu Industrial Transportation Holdings Co., Ltd. as the holding company, is primarily engaged in automobile transportation business. Besides, it is involved in insurance agency such as overseas travel insurance, as well as development and operation of guest room reservation system.
H.I.S. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended April 30, 2013; Provides Earnings Guidance for the Year Ending October 31, 2013; Provides Dividend Guidance for the Year Ending October 31, 2013