Infomart Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Forecast for the Six Months Ending June 2020 and Fiscal Year Ending December 31, 2020; Announces Dividend for the Fiscal Year of 2019, Payable on March 30, 2020; Provides Dividend Forecast for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2020
February 14, 2020 at 12:02 pm EST
Share
Infomart Corporation announced consolidated earnings results for the year ended December 31, 2019. For the full year, the company reported consolidated net sales were ¥8,540 million against ¥7,639 million a year ago. Operating income was ¥2,469 million against ¥2,353 million a year ago. Net income attributable to owners of the parent was ¥1,694 million against ¥1,552 million a year ago. Net income per share was ¥7.41 against ¥6.79 a year ago.
For the full year, the company reported non-consolidated net sales were ¥8,536 million against ¥7,596 million a year ago. Operating income was ¥2,474 million against ¥2,405 million a year ago. Net income was ¥1,691 million against ¥1,498 million a year ago. Net income per share was ¥7.40 against ¥6.56 a year ago.
The company provides consolidated earnings forecast for the six months ending June 2020. The company forecast net sales of ¥4,525 million. Operating income of ¥602 million. Net income attributable to owners of the parent of ¥410 million. Net income per share of ¥1.79.
The company provides consolidated earnings forecast for the fiscal year ending December 31, 2020. For the year, the company forecast net sales of ¥9,649 million. Operating income of ¥1,505 million. Net income attributable to owners of the parent of ¥1,026 million. Net income per share of ¥4.49.
The company announced dividend for the year ended December 31, 2019. For the year, the company announced dividend of ¥3.73 per share against ¥3.67 a year ago. Expected starting date of dividend payment is March 30, 2020.
The company provides dividend forecast for the second quarter and full year of fiscal year ending December 31, 2020. For the quarter, the company expects dividend of ¥1.85 per share against ¥3.68 per share a year ago.
For the year, company forecast dividend of ¥1.86 per share against ¥3.73 per share a year ago.
Infomart Corporation is a Japan-based company principally involved in the business to business (BtoB) electronic commerce (e-commerce) business. The Company operates in three business segments. The Order Receiving segment provides ordering and ordering of B to B platform for streamlining daily ordering and receiving work. The Standards segment provides BtoB Platform Specifications to promote the creation of a framework for food safety and security. The E-Commerce Service (ES) segment provides BtoB Platform Invoice to realize paperless by electronic conversion of intercompany invoices and BtoB Platform negotiations to improve efficiency of business negotiation as a purchasing sales tool. The Company is also engaged in the provision of menu (recipe) development services and research & promotion services for the domestic food industry.
Infomart Corporation Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Forecast for the Six Months Ending June 2020 and Fiscal Year Ending December 31, 2020; Announces Dividend for the Fiscal Year of 2019, Payable on March 30, 2020; Provides Dividend Forecast for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2020