DENTSU SOKEN INC. Note: This English translation is solely for reference purposes and not a legally definitive translation of the original Japanese text. In the event a difference arises regarding the meaning herein, the original Japanese version will prevail as the official authoritative version.
October 27, 2015
Information Services International-Dentsu, Ltd.
Setsuo Kamai, CEO & COO (Stock Code 4812, TSE First Section)
Contact for Inquiries: Nobuo Uehara, Senior Managing Director
(TEL: 03-6713-6160)
Information Services International-Dentsu, Ltd. (ISID) hereby announces that following the sales of a part of its investment securities, gain on sales of investment securities accrued as follows.
Meanwhile, in conjunction with the aforementioned sales and in consideration of recent earnings performance, the forecasts have been revised as follows from those announced on May 12, 2015.
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Recording of Extraordinary Income
The Company had applied for in the takeover bid for Bit-isle Inc. by QAON G.K. with 3,360,000 shares, which are the whole shares held by the Company. As the gain on sales of Bit-isle Inc.'s shares through the takeover bid have been confirmed today, 1,886 million yen will be posted as an extraordinary income.
- Revisions to Results Forecast
Revisions to Consolidated Results Forecast of the Fiscal Year Ending December 2015 (April 1, 2015-December 31, 2015)
Net Sales | Operating Income | Ordinary Income | Net Income (Loss)*1 | Net Income (Loss) per Share | |
Previous Forecast (A) | Millions of yen | Millions of yen | Millions of yen | Millions of yen | Yen |
54,714 | 1,265 | 1,370 | 846 | 25.97 | |
Revised Forecast (B) | 55,100 | 1,800 | 2,170 | 2,680 | 82.25 |
Variance (B - A) | 386 | 535 | 800 | 1,834 | |
Percentage Change (%) | 0.7 | 42.3 | 58.4 | 216.8 | |
(Ref.) *2 Results from April 1, 2014 to December 31, 2014 | 53,795 | 1,073 | 1,266 | 674 | 20.70 |
*1 Net income attributable to parent company's shareholders.
*2 The Company has revised the business year-end from March 31 to December 31 from fiscal year 2015.The figures showed as a reference are results of the same first nine months of the preceding fiscal year (from April 1 to December 31, 2014).
As announced on October 16, 2015, the results of the first half of the ongoing fiscal year are expected to exceed the previous forecast centered on favorable results in the financial solution and business solution sectors, as well as the curbs on selling costs, and general and administrative expenses. The following second half (from October 1, 2015 to December 31, 2015) is expected to slightly fall below the previous forecast as certain projects being front-loaded to the first half. However, thanks to the first half results, exceeding the projections, business forecast for the full year is expected to surpass the previous plan.
In addition, the Net income attributable to parent company's shareholders is expected to exceed the precious forecast drastically because of the aforementioned posting of the gain of sales of investment securities to the extraordinary income.
Forward-Looking Statements
The forecast figures for sales and earnings presented in this document were determined in accordance with industry trends, client situations,
and other judgments and assumptions made with information available at the time of preparation. Accordingly, actual sales and earnings may differ from forecasts as a result of uncertainties inherent in the forecasts, as well as internal and external fluctuations in business operations.
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