Zappallas, Inc. Reports Consolidated Earnings Results for the Second Quarter Ended October 2015; Provides Sales Guidance for the Year Ending April 30, 2016; Plans to Omit Dividend for the Year Ending April 30, 2016
December 11, 2015 at 11:00 am EST
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Zappallas, Inc. reported consolidated earnings results for the second quarter ended October 2015. For the period, the company's net sales were ¥3,029 million against ¥3,769 million a year ago. Operating income was ¥170 million against ¥236 million a year ago. Profit attributable to owners of parent was ¥365 million against ¥211 million a year ago. Net income per share was ¥28.74 against ¥16.59 a year ago.
For the year ending April 30, 2016, the company expects net sales to be ¥7,450 million.
The company plans to omit dividend for the full year ending April 30, 2016 against ¥10.00 per share for 2015.
ZAPPALLAS, INC. is a Japan-based company mainly engaged in the provision of content services. The Company has two business segments. The Mobile Services segment is engaged in the planning, production, development and operation of divination and other digital content through mobile devices, the provision of telephone divination and divination related services, and other mobile-related services, as well as the operation of media sites. The Overseas segment is engaged in the operation of divination sites in the United States, as well as the sale of advertisings and content to users. The Company is also engaged in the application service provider (ASP) business for corporates, the planning of virtual reality (VR) content, the operation of online shopping sites, as well as the travel business.
Zappallas, Inc. Reports Consolidated Earnings Results for the Second Quarter Ended October 2015; Provides Sales Guidance for the Year Ending April 30, 2016; Plans to Omit Dividend for the Year Ending April 30, 2016
ZAPPALLAS, INC. 
