IKK Inc. Reports Consolidated Earnings Results for the Fiscal Year Ended October 31, 2018; Provides Earnings Guidance for the First Half and Fiscal Year Ending October 31, 2019; Announces Year End Dividend of October 31, 2018, Payable on January 30, 2019; Provides Dividend Guidance for the Fiscal Year Ending October 31, 2019
December 13, 2018
Share
IKK Inc. reported consolidated earnings results for the fiscal year ended October 31, 2018. For the period, the company reported net sales were JPY 20,009 million compared to JPY 18,172 million a year ago. Operating profit was JPY 2,067 million compared to JPY 1,821 million a year ago. Ordinary profit was JPY 2,094 million compared to JPY 1,825 million a year ago. Profit attributable to owners of parent was JPY 1,365 million compared to JPY 1,319 million a year ago. Net income per share was JPY 46.28 compared to JPY 44.91 and JPY 44.90 per diluted share a year ago.
For the first half of fiscal year ending October 31, 2019, the company expects consolidated net sales of JPY 8,900 million, operating profit of JPY 350 million, ordinary profit of JPY 360 million, and profit attributable to owners of parent of JPY 240 million or JPY 8.10 per share.
For the full fiscal year ending October 31, 2019, the company expects consolidated net sales of JPY 20,010 million, operating profit of JPY 1,910 million, ordinary profit of JPY 1,920 million, and profit attributable to owners of parent of JPY 1,250 million or JPY 42.11 per share.
For the fiscal year ended October 31, 2018, the company reported dividend of JPY 12.00 per share compared to JPY 12.00 per share paid a year ago, scheduled date of starting dividends distribution is on January 30, 2019.
For the fiscal year ending October 31, 2019, the company expects to pay year-end dividend of JPY 12.00 per share.
IKK Holdings Inc, formerly known as IKK Inc, is a Japan-based company mainly engaged in the wedding business, nursing care business, food business, photo business, and marriage brokerage business. The Company operates through five business segments. The Wedding segment provides planning and management services related to wedding ceremonies and receptions. The Nursing Care segment operates paid nursing homes and provides nursing care services. The Food segment is engaged in the planning, development, and sales of gifts, confectionery, and gift products. The Photo segment provides planning and operating services of photo weddings and photo studios. The Marriage Brokerage segment provides planning and management services related to marriage brokerage.
IKK Inc. Reports Consolidated Earnings Results for the Fiscal Year Ended October 31, 2018; Provides Earnings Guidance for the First Half and Fiscal Year Ending October 31, 2019; Announces Year End Dividend of October 31, 2018, Payable on January 30, 2019; Provides Dividend Guidance for the Fiscal Year Ending October 31, 2019