Toei Company, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Full Year Ending March 31, 2019
August 10, 2018 at 01:00 am EDT
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Toei Company, Ltd. reported consolidated earnings results for the first quarter ended June 2018. For the quarter, the company's net sales were JPY 32,712 million compared to JPY 30,578 million a year ago. Operating profit was JPY 5,896 million compared to JPY 5,224 million a year ago. Ordinary profit was JPY 6,954 million compared to JPY 6,610 million a year ago. Profit attributable to owners of parent was JPY 2,682 million compared to JPY 3,403 million a year ago. Basic earnings per share were JPY 212.54 compared to JPY 269.54 a year ago.
The company provided earnings guidance for the six months ending September 2018 and full year ending March 31, 2019. For the six months, the company expects net sales of JPY 63,000 million, operating profit of JPY 9,650 million, ordinary profit of JPY 10,900 million, profit attributable to owners of parent of JPY 4,800 million and basic earnings per share of JPY 380.29.
For the full year, the company expects net sales of JPY 121,800 million, operating profit of JPY 17,200 million, ordinary profit of JPY 19,700 million, profit attributable to owners of parent of JPY 8,800 million and basic earnings per share of JPY 697.20.
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 Company, Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 2018; Provides Earnings Guidance for the Six Months Ending September 2018 and Full Year Ending March 31, 2019