Oracle Corporation Japan Announces Non-Consolidated Earnings Results for the First Quarter Ended August 31, 2016; Provides Earnings Guidance for the Year Ending May 31, 2017
September 21, 2016 at 11:30 am EDT
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Oracle Corporation Japan announced non-consolidated earnings results for the first quarter ended August 31, 2016. For the quarter, the company's revenue was ¥38,591 million compared with ¥37,572 million a year ago. Operating income was ¥11,294 million compared with ¥11,139 million a year ago. Ordinary income was ¥11,151 million compared with ¥11,216 million a year ago. Net income was ¥7,795 million or ¥61 per diluted share compared with ¥7,480 million or ¥58 per diluted share a year ago. As on August 31, 2016, the company's net asset per share was ¥600. Income before income taxes was ¥11,313 million compared with ¥11,224 million a year ago.
For the year ending May 31, 2017, the company expects revenue in the range of 1.0%-4.0% and net income per share in the range of ¥274 to ¥284.
Oracle Corp Japan is a Japan-based company mainly engaged in the sale of software, servers, storage and hardware. The Company operates in three business segments. The Cloud & License segment is engaged in the sale of database management software, middleware, application software used in corporate activities, and the provision of services for these software and hardware through the Internet, as well as the provision of software license renewal rights and technical support. The Hardware Systems segment is engaged in the sale of servers, storage, engineered systems, network equipment, as well as the provision of technical support, repair service and maintenance for hardware products. The Service segment provides consulting services, advanced customer support services and education services.
Oracle Corporation Japan Announces Non-Consolidated Earnings Results for the First Quarter Ended August 31, 2016; Provides Earnings Guidance for the Year Ending May 31, 2017
ORACLE CORPORATION JAPAN 
