Happinet Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2018
Happinet Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of ¥153,682 million against ¥133,902 million a year ago. Operating profit was ¥4,694 million against ¥3,270 million a year ago. Ordinary profit was ¥4,540 million against ¥3,090 million a year ago. Profit attributable to owners of parent was ¥3,793 million or ¥170.56 per diluted share against ¥1,793 million or ¥79.09 per diluted share a year ago. Profit before income taxes was ¥5,659 million against ¥2,955 million a year ago.
For the year ending March 31, 2018, the company expected net sales of ¥193,000 million, operating income of ¥4,800 million, ordinary income of ¥4,600 million and profit attributable to owners of parent of ¥3,800 million or ¥171.95 per share.
For the year ending March 31, 2018, the company expected to pay dividend of ¥25.00 per share comported to ¥20.00 per share a year ago.