Happinet Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2017
Happinet Corporation reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥133,902 million against ¥150,028 million a year ago. Operating income was ¥3,270 million against ¥3,213 million a year ago. Ordinary income was ¥3,090 million against ¥3,251 million a year ago. Profit attributable to owners of parent was ¥1,793 million or ¥79.09 per diluted share against ¥2,111 million or ¥91.44 per diluted share a year ago. Profit before income taxes was ¥2,955 million against ¥3,300 million a year ago.
For the year ending March 31, 2017, the company expects net sales of ¥172,000 million, operating income of ¥3,700 million, ordinary income of ¥3,500 million and profit attributable to owners of parent of ¥2,200 million or ¥98.93 per basic share.
For the year ending March 31, 2017, the company expects to pay dividend of ¥20.00 per share.