Estore Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Year-End Dividend Guidance for the Year Ending March 31, 2020
November 11, 2019 at 09:52 am EST
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Estore Corporation reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 2,365 million against JPY 2,389 million a year ago. Operating income was JPY 232 million against JPY 278 million a year ago. Net income attributable to owners of parent was JPY 217 million against JPY 263 million a year ago. Net income per share was JPY 45.60 against JPY 50.98 a year ago. Diluted net income per share was JPY 37.89.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 5,047 million, operating income of JPY 347 million, net income attributable to owners of parent of JPY million and of JPY 298 million.
The company expects year-end dividend of JPY 29.00 per share For the year ending March 31, 2020.
Estore Corp is a Japan-based company mainly engaged in the electronic commerce (EC) and hands-on incubation (HOI). The Company operates in two business segments. The EC segment provides comprehensive EC support services for a wide range of businesses, from large companies to small and medium-sized enterprises, and provides EC system, payment service, and marketing businesses. The HOI segment is operated for companies that have excellent products, content, and many customers, but are missing out on opportunities due to a lack of invested capital and e-commerce know-how. The HOI business generously provides partner companies with the direct-to-consumer (D2C) know-how and knowledge gained over the 23 years since its founding, as well as the vast amount of data, and invests systems, marketing, human resources, and funds. Besides mergers and acquisitions (M&A), the Company also carries out project styles such as special purpose companies (SPCs), joint ventures, and profit-sharing models.
Estore Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020; Provides Year-End Dividend Guidance for the Year Ending March 31, 2020
ESTORE CORPORATION 
