Creo Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017
July 29, 2016
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Creo Co.,Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company's net sales were ¥2,420 million compared with ¥2,158 million a year ago. Operating loss was ¥119 million compared with ¥38 million a year ago. Ordinary loss was ¥101 million compared with ¥25 million a year ago. Loss attributable to owners of parent was ¥114 million or ¥13.28 per share compared with profit of ¥164 million or ¥19.00 per share a year ago. Loss before income taxes was ¥101 million compared with profit before income taxes of ¥178 million a year ago.
For the six months ending September 30, 2016, the company forecasts net sales of ¥5,000 million, operating income of ¥20 million, ordinary income of ¥30 million and profit attributable to owners of the parent of ¥10 million.
For the year ending March 31, 2017, the company forecasts net sales of ¥11,500 million, operating income of ¥370 million, ordinary income of ¥380 million and profit attributable to owners of the parent of ¥260 million.
CREO CO., LTD. is a Japan-based company primarily engaged in information technology (IT) business. The Company operates in five business segments. The Solution Service segment provides solution services such as the personnel payroll and accounting solution ZeeM. The Contract Development segment provides system contract development services. The West Japan segment provides sale and contract development services for its products and services to customers west of Nagoya. The System Operation and Service segment mainly provides system development, maintenance and operation services to major domestic portal site operators. The Support Service segment provides support and services centered on help desks and technical support, as well as call center services such as social research and market research.
Creo Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017