IDOM Inc. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Year-End Dividend for the Fiscal Year Ending February 28, 2019; Provides Consolidated Financial Guidance for the Year Ending February 28, 2019
January 10, 2019
Share
IDOM Inc. announced consolidated earnings results for the nine months ended November 30, 2018. For the nine months period, the company's Net Sales were JPY 216,134 million against JPY 204,338 million a year ago. Operating profit was JPY 2,835 million against JPY 5,204 million a year ago. Profit was JPY 967 million against JPY 2,517 million a year ago. Earnings per share was JPY 10.15 against JPY 27.11 a year ago.
The company expects to pay a year-end dividend of JPY 5.50 per share for the fiscal year ending February 28, 2019, compared with JPY 3.50 per share for the fiscal year ended February 28, 2018.
The company provided consolidated financial guidance for the year ending February 28, 2019. For the year, the company expects to report net sales of JPY 290,000 million, operating profit of JPY 3,000 million, profit attributable to owners of parent of JPY 700 million, and earnings per share of JPY 6.90.
IDOM Inc is a Japan-base company principally engaged in the used car sales business, new car sales business and related businesses. The Company operates its business through three geographical segments: Japan, Australia and Others. The Company sells vehicles purchased at Gulliver stores through used car auctions and the dolphinet system. Gulliver stores operate through directly managed stores and member stores. Through its subsidiaries, the Company is also involved in the sale of new and used cars, the insurance agency business, the sale and maintenance of BMW passenger cars, as well as the sale of repair parts and accessories.
IDOM Inc. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Year-End Dividend for the Fiscal Year Ending February 28, 2019; Provides Consolidated Financial Guidance for the Year Ending February 28, 2019