HotLand Co.,Ltd. announced consolidated and non-consolidated earnings results for the full year ended December 31, 2018. For the period, on consolidated basis the company reported net sales of JPY 31,736 million compared with JPY 32,407 million for the same period a year ago. Operating income was JPY 860 million compared with JPY 1,104 million for the same period a year ago. Net loss attributable to owners of parent was JPY 678 million compared with net income attributable to owners of parent of JPY 425 million for the same period a year ago. Net loss per basic share was JPY 36.80 compared with net income per basic share of JPY 23.12 and net income per diluted share of JPY 22.84 a year ago.

For the period, on non-consolidated basis the company reported net sales of JPY 27,921 million compared with JPY 27,043 million for the same period a year ago. Operating income was JPY 1,033 million compared with JPY 1,317 million for the same period a year ago. Net loss was JPY 704 million compared with net income of JPY 1,031 million for the same period a year ago. Net loss per basic share was JPY 38.23 compared with net income per basic share of JPY 56.06 and net income per diluted share of JPY 55.38 a year ago.

The company omitted dividend for the full year of 2018. The company paid year dividend of JPY 5 per share for the year 2017.

The company provided dividend guidance for the full year of fiscal 2019. The company plans to pay a year end dividend of JPY 5.00 per share for the full year of fiscal 2019.

The company provided consolidated earnings guidance for the full year ending December 31, 2019. For the full year, the company expects to report net sales of JPY 32,400 million, operating income of JPY 1,620 million, and net income attributable to owners of parent of JPY 650 million or JPY 35.20 per share.