Toei Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
February 14, 2017 at 09:00 am EST
Share
Toei Co., Ltd. reported consolidated earnings results for the third quarter ended December 31, 2016. For the period, the company reported nets sales of JPY 94,902 million compared to JPY 93,175 million a year ago. Operating income was JPY 13,341 million compared to JPY 12,963 million a year ago. Ordinary income was JPY 15,789 million compared to JPY 15,224 million a year ago. Profit attributable to owners of parent was JPY 8,065 million or JPY 63.87 per basic share compared to JPY 7,393 million or JPY 58.54 per basic share a year ago.
For the year ending March 31, 2017, the company expects consolidated net sales of JPY 118,000 million, operating income of JPY 14,500 million, ordinary income of JPY 16,500 million, profit attributable to owners of parent of JPY 8,100 million or JPY 64.14 per basic share.
TOEI COMPANY, LTD. is a Japan-based company mainly involved in the image related business. It has five business segments. The Image-related segment is engaged in the production, distribution, import and export of theater movies, the production and sale of digital versatile disk (DVD), the production and distribution of television (TV) films, the development of movie films, as well as the advertising agency business, among others. The Distribution-related segment operates direct managed theaters and cinema complexes. The Event-related segment plans and operates the characters in its films and culture events. The Tourism and Real Estate segment is engaged in the leasing of real estate and the operation of hotels. The Construction and Interior Decoration segment is involved in the construction and interior decoration businesses.
Toei Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017