Designone Japan, Inc. Reports Non-Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Earnings Guidance for the Year Ending August 31, 2019
January 15, 2019 at 01:00 am EST
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DesignOne Japan, Inc. reported non-consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, the company's net sales were JPY 594 million compared to JPY 600 million a year ago. Operating income was JPY 154 million compared to JPY 149 million a year ago. Net income was JPY 102 million compared to JPY 99 million a year ago. Net income per share was JPY 6.76 compared to JPY 6.57 a year ago. Diluted net income per share was JPY 6.73 compared to JPY 6.52 a year ago.
The company also provided earnings guidance for the year ending August 31, 2019. For the year, the company expects net sales of JPY 2,500 million, operating income of JPY 503 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. Reports Non-Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Earnings Guidance for the Year Ending August 31, 2019