Designone Japan, Inc. Reports Earnings Results for the First Quarter Ended November 30, 2016; Provides Earnings Guidance for the Year Ending August 2017
January 13, 2017 at 09:30 pm IST
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Designone Japan, Inc. reported earnings results for the first quarter ended November 30, 2016. For the quarter, net sales were JPY 467 million against JPY 319 million a year ago. Operating income was JPY 163 million against JPY 134 million a year ago. Ordinary income was JPY 165 million against JPY 136 million a year ago. Net income was JPY 86 million against JPY 82 million a year ago. Diluted net income per share was JPY 11.48 against JPY 10.91 a year ago.
For the year ending Aug. 2017, the company expects net sales of JPY 1,950 million, operating income of JPY 600 million, ordinary income of JPY 607 million and net income of JPY 379 million or JPY 50.81 per share.
DesignOne Japan, Inc. is a Japan-based Internet media company mainly engaged in the operation of Local information word-of-mouth site named Ekiten. The Ekiten site is a store reviews ranking site, on which users can know well-established and popular stores in every region of Japan. On Ekiten site, store owners can collect the feedbacks for its own store and utilize it for operation management uses, while users can do store searching and read store information in various industries.
Designone Japan, Inc. Reports Earnings Results for the First Quarter Ended November 30, 2016; Provides Earnings Guidance for the Year Ending August 2017