Sharingtechnology, Inc. Announces Consolidated Earnings Results for the Year Ended September 30, 2019
November 13, 2019
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Sharingtechnology, Inc. announced consolidated earnings results for the year ended September 30, 2019. For the year, the company reported sales revenue of JPY 7,907 million compared to JPY 4,727 million a year ago. Operating loss was JPY 432 million compared to operating profit of JPY 535 million a year ago. Net loss was JPY 576 million compared to net income of JPY 697 million a year ago. Basic loss per share was JPY 30.77 compared to basic earnings per share of JPY 38.85 per share a year ago. Diluted loss per share was JPY 30.77 compared to basic earnings per share of JPY 37.16 per share a year ago.
SHARINGTECHNOLOGY.INC is a Japan-based company mainly engaged in the Web business and investment business. It operates through two business segments. WEB business is engaged in the provision of solution to life problems through the operation of the portal site Life No.110 and the specialized vertical media site in the life service area. Member stores can provide services suited to the needs of users in the websites. Main services are unlocking and replacing keys, rain and water leakage, remodeling, glass repair, pet funeral, termite extermination, bee extermination, garden maintenance related, and other accidents that occur suddenly in daily life. It is also engaged in the operation of overseas studying service Sumadome, introducing foreign students and providing study abroad procedures. The new system Mover collects the geographical location of each member store staff and realizes matching. The Investment business includes manufacturing, real estate, and private hotel business.
SHARINGTECHNOLOGY, INC. 
