JASTEC Co., Ltd. Reports Consolidated Earnings Results for the Year Ended November 30, 2016; Provides Earnings Guidance for the Six Months Ending May 2017; Provides Earnings Guidance for the Year Ending November 2017; Provides Dividend Guidance for the Year Ending November 2017
January 11, 2017 at 08:30 pm IST
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JASTEC Co., Ltd. reported consolidated earnings results for the year ended November 30, 2016. For the year, the company reported net sales of ¥16,226 million against ¥14,377 million a year ago. Operating income was ¥1,994 million against ¥1,593 million a year ago. Ordinary income was ¥2,200 million against ¥1,800 million a year ago. Profit attributable to owners of parent was ¥1,351 million against ¥2,390 million a year ago. Diluted earnings per share were ¥77.61 against ¥135.51 per share a year ago. Rate of return on equity was 9.5% against 18.3% a year ago. Cash flows from operating activities were ¥1,047 million against ¥615 million a year ago.
For the year ending November 2017, the company expects to pay 30.00 per share against ¥30.00 per share a year ago.
For the six months ending May 2017, the company expects net sales of ¥8,408 million, operating income of ¥863 million, ordinary income of ¥914 million, profit attributable to owners of parent of ¥614 million or ¥35.58 per share.
For the year ending November 2017, the company expects net sales of ¥17,280 million, operating income of ¥2,099 million, ordinary income of ¥2,199 million, profit attributable to owners of parent of ¥1,477 million or ¥85.59 per share.
JASTEC Co., Ltd. is primarily engaged in the development of software products. The Software Development segment provides system integration and software development services including planning, proposal, requirement definition, development and building, and operation using development technologies and development management technologies.
JASTEC Co., Ltd. Reports Consolidated Earnings Results for the Year Ended November 30, 2016; Provides Earnings Guidance for the Six Months Ending May 2017; Provides Earnings Guidance for the Year Ending November 2017; Provides Dividend Guidance for the Year Ending November 2017