Sanrio Company, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Revises Earnings Guidance for the Year Ending March 31 ,2016
February 09, 2016
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Sanrio Company, Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of ¥55,092 million, operating income was ¥10,422 million, ordinary profit of ¥10,676 million, net profit of ¥7,899 million or ¥91.85 basic per share compared with net sales of ¥55,742 million, operating income was ¥13,980 million, ordinary profit of ¥14,912 million, net income was ¥10,155 million or ¥116.13 basic per share for the same period last year. Income before income taxes and other adjustments was ¥11,481 million compared with ¥15,123 million for the same period last year.
The company revised earnings guidance for the year ending March 31, 2016. For the period, the company expected net sales of ¥73,400 million, operating income was ¥14,000 million, ordinary profit of ¥14,300 million, net profit of ¥10,000 million or ¥116.64 basic per share.
Sanrio Company, Ltd. is a Japan-based company mainly engages in the planning and sales of social communication gift products, theme park business and others. Social Communication Gifts business mainly involves in the planning and sales of social communication gifts, as well as greeting cards, publications, the production and sales of video software, and the licensing and management of copyright. The Theme Park business operates theme parks, and plans and provides musicals and others. In addition, the Company is also engaged in the sale and leasing of robots, automobile loan, property and casualty insurance agency business and others.
Sanrio Company, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Revises Earnings Guidance for the Year Ending March 31 ,2016