Nippon Ski Resort Development Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended July 31, 2015; Provides Consolidated Earnings Guidance for the Period Ending January 31, 2016 and for the Full Year Ending July 31, 2016
September 03, 2015
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Nippon Ski Resort Development Co., Ltd. announced consolidated earnings results for the full year ended July 31, 2015. For the year, the company reported net sales of JPY 5,882 million against JPY 4,909 million a year ago. Operating income was JPY 905 million against JPY 724 million a year ago. Ordinary income was JPY 845 million against JPY 750 million a year ago. Net income was JPY 706 million against JPY 520 million a year ago. Net income per share was JPY 179.32 against JPY 242.85 a year ago. Net assets per share was JPY 1,168.37 against JPY 724.49 a year ago. Cash flows from operating activities was JPY 660 million against JPY 806 million a year ago.
For the six months period ending January 31, 2016 on consolidated basis, the company expects net sales of JPY 3,322, operating income of JPY 473 million, ordinary income of JPY 474 million, profit attributable to owners of parent of JPY 384 million and net income per share of JPY 96.
For the full year ending July 31, 2016 on consolidated basis, the company expects net sales of JPY 6,559, operating income of JPY 1,305 million, ordinary income of JPY 993 million, profit attributable to owners of parent of JPY 718 million and net income per share of JPY 179.5.
Nippon Ski Resort Development Co., Ltd. is a Japan-based company primarily engaged in the operation of ski resorts. In winter season, its ski resort provides an opportunity to enjoy at the ski slopes; in green season, its ski resort provides an opportunity to enjoy the beautiful landscape and scenery facing from alpine plants. Its ski resort business segment involves in the sales of lift tickets, the provision of food and beverages, and rental of skiing and snowboarding equipment, among others.
Nippon Ski Resort Development Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended July 31, 2015; Provides Consolidated Earnings Guidance for the Period Ending January 31, 2016 and for the Full Year Ending July 31, 2016