I - K Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended August 2014; Provides Consolidated Earnings Guidance for the Six Months and Full Year Ended May 2015
October 08, 2014 at 09:40 pm IST
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I - K Co., Ltd. announced consolidated earnings results for the first quarter ended August 2014. For the period the company reported net sales of JPY 2,481 million compared to JPY 2,521 million a year ago. Operating loss was JPY 84 million compared to JPY 70 million a year ago. Ordinary loss was JPY 85 million compared to JPY 71 million a year ago. Net income was JPY 78 million compared to JPY 57 million a year ago. Net income per share was JPY 44.12 compared to JPY 32.80 a year ago.
I - K Co., Ltd. provided consolidated earnings guidance for the six months and full year ended May 2015. For the six months, the company expected net sales of JPY 12,460 million, operating income of JPY 250 million, ordinary income of JPY 250 million, net income of JPY 130 million and net income per share of JPY 73.07.
For the full year, the company expected net sales of JPY 5.920 million, operating income of JPY 40 million, ordinary income of JPY 40 million, net income of JPY 15 million and net income per share of JPY 8.43.
IK Holdings Co Ltd is a Japan-based company mainly engaged in the direct marketing business, which sells miscellaneous goods, food, and cosmetics directly to end consumers, the sales marketing business, which wholesales the same products, and the information technology (IT) solutions business, which provides construction and support for chat systems and contact centers. The Company operates through three segments. The Direct Marketing segment is engaged in the retail business of selling SKINFOOD cosmetics through television (TV) shopping, internet shopping, and brick-and-mortar stores. The Sales Marketing segment is engaged in the wholesale business to consumer cooperatives, mail-order companies, retail stores, and overseas partner companies. The IT Solutions segment is engaged in the sale of chat systems and voice call recording systems.
I - K Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended August 2014; Provides Consolidated Earnings Guidance for the Six Months and Full Year Ended May 2015