ARRK Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for Year Ending March 31, 2016
ARRK Corporation reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company has posted net sales of ¥22,755 million against ¥24,723 million a year ago. Operating income was ¥961 million against ¥1,255 million a year ago. Ordinary income was ¥851 million against ¥1,186 million compared to ¥1,186 million a year ago. Diluted net income per share was ¥1.17 compared to ¥1.35 a year ago. Income before income taxes and minority interests was ¥870 million against ¥1,264 million a year ago. Net cash provided by operating activities was ¥716 million against ¥677 million a year ago. Purchase of property, plant and equipment was ¥1,744 million against ¥609 million a year ago. Profit attributable to owners of parent was ¥471 million compared to ¥984 million a year ago.
For the year ending March 31, 2016, the company expects net sales of ¥47,500 million, operating income of ¥3,000 million, ordinary income of ¥2,800 million and net income of ¥1,900 million or ¥5.31 per share.