IKK Inc. Announces Consolidated Earnings Results for the Nine Months Ended July 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending October 31, 2016
August 29, 2016
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IKK Inc. announced consolidated earnings results for the nine months ended July 31, 2016. For the period, the company reported net sales of JPY 12,830 million against JPY 11,812 million a year ago. Operating income was JPY 1,514 million against JPY 1,053 million a year ago. Ordinary income was JPY 1,505 million against JPY 1,046 million a year ago. Profit attributable to owners of parent was JPY 855 million or JPY 29.08 per diluted share against JPY 504 million or JPY 17.31 per diluted share a year ago. Profit before income taxes was JPY 1,487,862,000 against JPY 1,024,022,000 a year ago.
For the year ending October 31, 2016, the company expects net sales of JPY 17,550 million, operating income of JPY 2,130 million, ordinary income of JPY 2,105 million and profit attributable to owners of parent of JPY 1,290 million or JPY 43.86 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. Announces Consolidated Earnings Results for the Nine Months Ended July 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending October 31, 2016