Creo Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
May 10, 2018
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Creo Co.,Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of ¥12,268 million against ¥11,559 million a year ago. Operating profit was ¥410 million against ¥296 million a year ago. Ordinary profit was ¥457 million against ¥333 million a year ago. Profit attributable to owners of parent was ¥305 million or ¥36.79 per share against ¥267 million or ¥31.11 per share a year ago. Cash flows from operating activities were ¥429 million against ¥502 million a year ago. Profit before income taxes was ¥436 million against ¥371 million a year ago. Purchase of property, plant and equipment was ¥20 million against ¥189 million a year ago. Purchase of intangible assets was ¥139 million against ¥295 million a year ago.
For the six months ending September 30, 2018, the company expects net sales of ¥6,000 million, operating profit of ¥30 million, ordinary profit of ¥50 million, profit attributable to owners of parent of ¥20 million or ¥2.41 per share.
For the year, the company expects net sales of ¥13,100 million, operating profit of ¥570 million, ordinary profit of ¥590 million, profit attributable to owners of parent of ¥400 million or ¥48.20 per share.
CREO CO., LTD. is a Japan-based company primarily engaged in information technology (IT) business. The Company operates in five business segments. The Solution Service segment provides solution services such as the personnel payroll and accounting solution ZeeM. The Contract Development segment provides system contract development services. The West Japan segment provides sale and contract development services for its products and services to customers west of Nagoya. The System Operation and Service segment mainly provides system development, maintenance and operation services to major domestic portal site operators. The Support Service segment provides support and services centered on help desks and technical support, as well as call center services such as social research and market research.
Creo Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019