Designone Japan, Inc. Announces Non-Consolidated Earnings Results for the Full Year Ended August 31, 2018; Provides Earnings Guidance for the Full Year Ended August 31, 2019
October 09, 2018
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Designone Japan, Inc. announced non-consolidated earnings results for the full year ended August 31, 2018. For the period, the company reported net sales of JPY 2,444 million compared with JPY 2,111 million for the same period a year ago. Operating income was JPY 670 million compared with JPY 631 million for the same period a year ago. Ordinary income was JPY 685 million compared with JPY 644 million for the same period a year ago. Net income was JPY 395 million or JPY 26.02 per diluted share compared with JPY 396 million or JPY 26.15 per diluted share for the same period a year ago. Return on equity was 15.3% against 18.0% a year ago. Cash flow from operating activities was JPY 452 million compared with JPY 432 million for the same period a year ago.
The company provided earnings guidance for the full year ended August 31, 2019. For he full year, the company expects to report net sales of JPY 2,500 million, operating income of JPY 503 million, ordinary income of JPY 519 million and net income of JPY 332 million or JPY 21.97 per share.
DesignOne Japan, Inc. is a Japan-based Internet media company mainly engaged in the operation of Local information word-of-mouth site named Ekiten. The Ekiten site is a store reviews ranking site, on which users can know well-established and popular stores in every region of Japan. On Ekiten site, store owners can collect the feedbacks for its own store and utilize it for operation management uses, while users can do store searching and read store information in various industries.
Designone Japan, Inc. Announces Non-Consolidated Earnings Results for the Full Year Ended August 31, 2018; Provides Earnings Guidance for the Full Year Ended August 31, 2019