ORo Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 11:30 am IST
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oRo Co., Ltd. reported consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported net sales of JPY 1,399 million compared to JPY 1,251 million a year ago. Operating profit was JPY 555 million compared to JPY 361 million a year ago. Ordinary profit was JPY 567 million compared to JPY 377 million a year ago. Profit attributable to owners of parent was JPY 384 million compared to JPY 257 million a year ago. Earnings per share was JPY 23.40 compared to JPY 15.53 a year ago.
ORO Co.,Ltd. is a Japan-based company mainly engaged in the provision of business solutions that resolve top management's problems and maximize corporate value. The Company has two business segments. The Business Solutions segment is mainly involved in the development and delivering of cloud enterprise resource planning (ERP) under name ZAC Enterprise and cloud professional service automation (PSA) under name Reforma PSA, the delivering system solutions and information technology (IT) infrastructure toward companies, as well as the provision of business process outsourcing and others. The Communication Design segment is engaged in the communication strategy planning for companies and their stakeholders, the production of TVCM, magazines and advertisements on media like newspaper, the strategy planning of Website, the promotion campaigns, event planning and host services, as well as the market research, analyze, effect measurement and other services. The Company has nine subsidiaries.