Nomura System Corporation Co, Ltd. Announces Earnings Results for the Full Year Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ending June 30, 2018 and for the Full Year Ending December 31, 2018
February 13, 2018 at 01:00 am EST
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Nomura System Corporation Co, Ltd. announced earnings results for the full year ended December 31, 2017. For the full year, the company announced net sales of JPY 2,534 million against JPY 2,442 million a year ago. Operating income was JPY 407 million against JPY 313 million a year ago. Profit was JPY 299 million or JPY 51.61 per diluted share against JPY 194 million or JPY 40.74 per diluted share a year ago. Rate of return on equity was 15.0% compared to 11.8% for the same period a year ago. Cash flows from operating activities were JPY 362 million against JPY 198 million a year ago.
The company provided earnings guidance for the six months ending June 30, 2018 and for the full year ending December 31, 2018. For the six months, the company expects to report net sales of JPY 1,199 million, operating income of JPY 157 million, ordinary income of JPY 157 million and profit of JPY 107 million or JPY 18.98 per basic share.
For the full year, the company expects to report net sales of JPY 2,590 million, operating income of JPY 418 million, ordinary income of JPY 418 million and profit of JPY 285 million or JPY 50.66 per basic share.
Nomura System Corporation Co, Ltd. is a Japan-based company mainly engaged in the enterprise resource planning (ERP) solution business. The ERP Solution business provides consulting services such as the introduction and operational support of ERP software packages. ERP software packages integrate the Company's core business functions include financial accounting, sales, logistics, procurement, production and human resources into computer software function. The Company provides two services. Function Implement Service (FIS) provides SAP ERP consulting services to prime vendor partners. Prime services deal directly with end users. The Company is also involved in the sale of licenses.
Nomura System Corporation Co, Ltd. Announces Earnings Results for the Full Year Ended December 31, 2017; Provides Earnings Guidance for the Six Months Ending June 30, 2018 and for the Full Year Ending December 31, 2018