Idom Inc. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
October 11, 2017
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IDOM Inc. reported consolidated earnings results for the six months ended August 31, 2017. For the six months, the company's sales were JPY 135,468 million against JPY 124,244 million a year ago. Operating income was JPY 2,528 million against JPY 2,172 million a year ago. Ordinary income was JPY 2,032 million against JPY 2,020 million a year ago. Profit attributable to owners of parent was JPY 1,121 million or JPY 11.06 per share against JPY 1,102 million or JPY 10.87 per share a year ago. Net cash flow from operating activity was JPY 389 million compared to JPY 6,329 million a year ago. Purchase of property, plant and equipment was JPY 2,548 million compared to JPY 1,706 million a year ago. Purchase of intangible assets was JPY 1,380 million compared to JPY 399 million a year ago.
For the year ending February 28, 2018, the company expects consolidated net sales of JPY 259,500 million, operating income of JPY 5,500 million, ordinary income of JPY 4,900 million and profit attributable to owners of parent of JPY 2,800 million or JPY 27.61 per share.
IDOM Inc is a Japan-base company principally engaged in the used car sales business, new car sales business and related businesses. The Company operates its business through three geographical segments: Japan, Australia and Others. The Company sells vehicles purchased at Gulliver stores through used car auctions and the dolphinet system. Gulliver stores operate through directly managed stores and member stores. Through its subsidiaries, the Company is also involved in the sale of new and used cars, the insurance agency business, the sale and maintenance of BMW passenger cars, as well as the sale of repair parts and accessories.
Idom Inc. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
IDOM INC. 
