Tokyo Broadcasting System Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal 2017; Provides Earnings Guidance for the Six Months and Full Year Ended March 31, 2017
August 03, 2016
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Tokyo Broadcasting System Holdings, Inc. announced consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company reported net sales of JPY 86,993 million compared with JPY 83,839 million for the same period a year ago. Operating income was JPY 5,255 million compared with JPY 4,159 million for the same period a year ago. Ordinary income was JPY 7,843 million compared with JPY 6,446 million for the same period a year ago. Profit attributable to owners of the parent was JPY 5,224 million or JPY 29.94 per share compared with JPY 3,962 million or JPY 22.73 per share for the same period a year ago.
The company provided dividend guidance for the second quarter and full year of fiscal 2017. The company plans to pay an dividend of JPY 11.00 per share for the second quarter of 2017.
The company plans to pay an dividend of JPY 11.00 per share for the year-end of 2017.
The company provided earnings guidance for the six months and full year ended March 31, 2017. For the six months, the company expects to report net sales of JPY 172,500 million, operating income of JPY 4,000 million, ordinary income of JPY 7,000 million and profit attributable to owners of the parent of JPY 4,300 million or JPY 24.65 per share.
For the full year, the company expects to report net sales of JPY 354,000 million, operating income of JPY 15,000 million, ordinary income of JPY 20,500 million and profit attributable to owners of the parent of JPY 12,500 million or JPY 71.65 per share.
TBS Holdings Inc, formerly Tokyo Broadcasting System Holdings Inc, is a Japan-based company mainly engaged in broadcasting business. The Company operates in three business segments. The Media and Content segment is involved in the broadcasting-related business which conducts broadcasting, program production, video technology, audio technology, cable television broadcasting (CATV) investment, video investment and others; the planning production business which conducts video and audio software production, sales and distribution business, various events, program sales, video software production and sales, animation and music software planning and production. The Lifestyle segment is involved in the mail-order sales, general merchandise retailing, cosmetics manufacturing and sales business. The Real Estate and Others segment is involved in real estate leasing, maintenance and service business, studio management, heating and cooling management, insurance agency and other business.
Tokyo Broadcasting System Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal 2017; Provides Earnings Guidance for the Six Months and Full Year Ended March 31, 2017