IBJ, Inc. Announces Consolidated Earnings Results for the First Quarter of Fiscal Year 2018; Provides Earnings Guidance for the First Half and Full Year of 2018
May 10, 2018
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IBJ, Inc. announced consolidated earnings results for the first quarter of fiscal year ending December 31, 2018. For the quarter, net sales grew compared to the same period of the previous fiscal year, coming to JPY 2,457,298,000 (up 4.9% year on year). Operating profit was JPY 327,241,000 (down 4.2% year on year), ordinary profit amounted to JPY 325,310,000 (down 5.8% year on year), and profit attributable to owners of parent was JPY 215,636,000 (down 3.8% year on year).
The company provided earnings guidance for the first half and full year of 2018. The company's consolidated financial results for the first three months of the fiscal year ending December 31, 2018 were steady in terms of progress toward attaining the first-half and full-year earnings forecasts for the fiscal year ending December 31, 2018. For the first half, the company expects increase in net sales of 50.5%, operating profit of 47.0%, ordinary profit of 46.8%, profit attributable to owners of parent of 46.1%.
For the year, the company expects increase in net sales of 23.1%, operating profit of 18.7%, ordinary profit of 18.6%, profit attributable to owners of parent of 18.3%.
IBJ, Inc. is engaged in the comprehensive life design company business, focusing marriage business. The Company operates in two segments. The Marriage segment consists of corporate business, franchise business, engaged in the provision of application service provider (ASP) network system for marriage agencies and the members, FC business, engaged in the development of FC affiliated stores to strengthen marriage infrastructure, community business, engaged in the renewal, maintenance and operation of marriage site, as well as the lounge business, engaged in the operation of marriage consultation lounge. The Life Design segment includes wedding business, engaged in the information magazine issuance and provision of advertisement publishing service to wedding related corporation, travel business.
IBJ, Inc. Announces Consolidated Earnings Results for the First Quarter of Fiscal Year 2018; Provides Earnings Guidance for the First Half and Full Year of 2018