Noevir Holdings Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2017
April 27, 2017
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Noevir Holdings Co., Ltd. reported consolidated earnings results for the six months ended March 31, 2017. For the period, the company reported net sales of ¥26,715 million compared to ¥24,926 million a year ago. Operating income was ¥4,711 million compared to ¥3,716 million a year ago. Ordinary income was ¥4,874 million compared to ¥3,673 million a year ago. Net income attributable to the owners of the company was ¥2,044 million or ¥57.67 per share compared to ¥1,245 million or ¥35.14 per share a year ago. Income before income taxes was ¥4,884 million against ¥3,670 million a year ago. Net cash provided by operating activities was ¥4,464 million against ¥3,039 million year ago. Purchase of intangible assets was ¥16 million against ¥30 million a year ago. Purchase of property, plant and equipment was ¥274 million against ¥552 million a year ago.
The company provided consolidated earnings guidance for the full year ending September 30, 2017. For the year, the company expects net sales of ¥52,000 million, operating income of ¥8,500 million, ordinary income of ¥8,700 million and net income attributable to owners of the parent of ¥5,800 million or ¥163.60 per share.
Noevir Holdings Co., Ltd. is a Japan-based company engaged in the manufacture and sale of cosmetics, toiletries, pharmaceuticals and foods, as well as the purchase and sale of cosmetic products. The Company operates in three business segments. The Cosmetics segment is engaged in the manufacture and sale of cosmetics and toiletries, as well as the purchase and sale of cosmetic products. The Pharmaceuticals and Foods segment is engaged in the manufacture and sale of general drugs and foods. The Others segment is engaged in the purchase and sale of apparels, body fashion, aircrafts and vessels, as well as air transportation business.
Noevir Holdings Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2017