Comture Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
January 31, 2020 at 02:50 pm IST
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Comture Corporation reported consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company's net sales were JPY 15,507,844,000 compared to JPY 13,025,048,000 a year ago. Operating profit was JPY 2,030,177,000 compared to JPY 1,894,764,000 a year ago. Profit was JPY 1,394,986,000 as compared to JPY 1,262,592,000 a year ago. Net income per share was JPY 43.87 compared to JPY 43.17 a year ago. Diluted net income per share was JPY 43.85 as compared to JPY 43.10 for the same period last year.
The company also provided consolidated earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales of JPY 20,000 million, operating income of JPY 2,880 million, net profit of JPY 2,021 million and net income per share of JPY 64.68.
COMTURE CORPORATION is a Japan-based company mainly engaged in the provision of information processing services, including the proposal, building, maintenance and operation of computer systems. The Company operates in three business segments. The Solution Service segment is engaged in the proposal, building, maintenance and operation of groupware products of the Company, as well as IBM Japan, Ltd. and Microsoft Corporation. This segment also provides support services for its customers' business process reform through enterprise resource planning (ERP) packaged software SAP R/3, as well as the construction of business and information systems for client corporations using the Internet. The Product Distribution segment is engaged in the marketing and sale of its products. The Network Service segment provides system management, inspection and help desk services.
Comture Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020