Access Company, Ltd. Announces Consolidated Earnings Results for the Year Ended January 31, 2012; Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ending January 31, 2013
March 12, 2012
Share
Access Company, Ltd. announced consolidated earnings results for the year ended January 31, 2012. For the year, the company reported net sales of JPY 13,781 million against JPY 25,120 million a year ago. Operating profit was JPY 278 million against JPY 4,525 million a year ago. Ordinary profit was JPY 241 million against JPY 4,317 million a year ago. Net loss was JPY 4,315 million against net income of JPY 423 million a year ago. Cash flow from operating activities was JPY 2,681 million against JPY 2,121 million a year ago.
For the year ending January 31, 2013, on consolidated basis, the company expects net sales of JPY 10,000 million, operating income of JPY 300 million, ordinary income of JPY 380 million and net income of JPY 250 million or JPY 637.72 per share.
For the year ending January 31, 2013, on consolidated basis, the company expects net sales of JPY 5,000 million, operating income of JPY 150 million, ordinary income of JPY 190 million and net income of JPY 180 million or JPY 459.16 per share.
Access Co Ltd is a Japan-based company mainly engaged in the provision of information technology (IT) solutions to domestic and foreign manufacturers of mobile phones and information appliances, infrastructure operators such as communication networks, service providers involved in e-book and advertising businesses, and general companies. The Company operates in three business segments. In the Internet of Things (IoT) segment, the Company and its domestic and Taiwanese subsidiaries provide IoT-related solutions and software mainly for the domestic market. In the Web Platform segment, the Company and its subsidiaries in Germany, China, and South Korea, provides Web platform-related solutions such as embedded browsers in the domestic and overseas markets. The Network segment mainly operates through subsidiaries in the United States, Canada, India, and Israel, and provides software for network equipment and integrated network operating system (Network OS) for white boxes.
Access Company, Ltd. Announces Consolidated Earnings Results for the Year Ended January 31, 2012; Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ending January 31, 2013