Broadleaf Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Half Year and Full Year Ending December 31, 2017
May 12, 2017
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Broadleaf Co., Ltd. announced consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of JPY 3,294,903,000 against JPY 3,448,397,000 a year ago. Operating loss was JPY 77,945,000 against operating profit of JPY 285,075,000 a year ago. Loss before tax was JPY 81,804,000 against profit of JPY 279,744,000 a year ago. Loss attributable to owners of parent was JPY 57,261,000 against profit of JPY 178,212,000 a year ago. Basic and diluted loss per share were JPY 1.29 against basic and diluted earnings of JPY 3.68 per share a year ago. Cash flows from operating activities JPY 119,168,000 compared to JPY 784,900,000 a year ago. Acquisition of property, plant and equipment was JPY 3,368,000 compared to JPY 2,996,000 a year ago. Acquisition of intangible assets was JPY 111,473,000 compared to JPY 122,635,000 a year ago. Acquisition of investments was JPY 15,000,000 compared to JPY 27,187,000 a year ago.
The company provided earnings guidance for the half year and full year ending December 31, 2017. For the half year, the company expects revenue of JPY 8,100 million, operating profit of JPY 600 million, profit before tax of JPY 600 million and Profit attributable to owners of parent of JPY 390 million and basic earnings per share of JPY 8.81.
For the year, the company expects revenue of JPY 17,000 million, operating profit of JPY 2,000 million, profit before tax of JPY 1,960 million and Profit attributable to owners of parent of JPY 1,230 million and basic earnings per share of JPY 27.79.
Broadleaf Co., Ltd. is engaged in provision of industry-specific business applications through the network, maintenance services and supplies, and various network services on the industrial platform, mainly to the automobile aftermarket industry and other markets. The system sales business develops and sells industry-specific business applications, work analysis and optimization softwares, as well as purchases and sells personal computer (PC) bodies and printers. The system support business provides maintenance services, as well as purchases and sells documents and office automation (OA) supplies. The network service business provides database service, server service, settlement agency service of automobile recycling parts, electronic parts ordering function of automobile parts, support tool of tablet type business, as well as analysis service of ecommerce and data.
Broadleaf Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the Half Year and Full Year Ending December 31, 2017