Belluna Co. Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Declares Dividend for the Second Quarter Ended September 30, 2016, Payable on December 2, 2016; Provides Dividend and Earnings Guidance for the Full Year Ending March 31, 2017
November 12, 2016 at 10:25 pm IST
Share
Belluna Co. Ltd. reported consolidated earnings results for the first half ended September 30, 2016. For the first half, the company reported net sales of ¥66,679 million, operating income of ¥3,145 million, ordinary loss of ¥802 million, net loss of ¥827 million or ¥8.51 per share against net sales of ¥62,158 million, operating income of ¥3,107 million, ordinary income of ¥2,964 million, net income of ¥1,855 million or ¥19.08 per share a year ago.
For the full year ending March 2017, the company expects net sales of ¥140,000 million, operating income of ¥11,000 million, ordinary income of ¥11,000 million, net income of ¥7,000 million or ¥71.99 per share.
For the second quarter ended September 30, 2016, the company declared dividend of ¥6.25 per share against ¥6.25 per share a year ago. Date of dividend payment is December 2, 2016.
For the fiscal year ending March 2017, the company expects to pay dividend of ¥6.25 per share against ¥6.25 per share a year ago.
BELLUNA CO.,LTD. is a Japan-based company mainly engaged in the mail order business. The Company operates through seven business segments. General Mail Order segment is involved in the sale of lifestyle related products such as clothing, household goods and furniture, as well as the provision of the related business. Specialty Mail Order segment is involved in the sale of single items, as well as the sale of products specialized for specific customers. Store Sales segment is involved in the sale of clothing and kimono-related products. Solution segment is involved in the consignment business. Finance segment in involved in the provision of consumer finance business for mail order business customers. Property segment mainly includes real estate leasing business, real estate revitalization and development business and hotel business. Other segment is involved in the renting and wholesale of clothing, as well as the operation of golf courses.
Belluna Co. Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Declares Dividend for the Second Quarter Ended September 30, 2016, Payable on December 2, 2016; Provides Dividend and Earnings Guidance for the Full Year Ending March 31, 2017