SourceNext Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
February 14, 2018
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SourceNext Corporation announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 6,733,177,000 compared to JPY 7,016,356,000 a year ago. Operating profit was JPY 836,442,000 compared to JPY 1,342,061,000 a year ago. Ordinary profit was JPY 844,966,000 compared to JPY 1,350,928,000 a year ago. Profit before income taxes was JPY 838,552,000 compared to JPY 1,336,912,000 a year ago. Profit attributable to owners of parent was JPY 586,251,000 or JPY 9.47 per share compared to JPY 906,145,000 or JPY 14.48 per share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 9,444 million, operating profit of JPY 1,717 million, ordinary profit of JPY 1,720 million and profit attributable to owners of parent of JPY 1,195 million or JPY 19.31 per share.
The company provided dividend guidance for the fiscal year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 2.90 per share compared to JPY 6.19 per share paid a year ago.
SOURCENEXT CORPORATION is a Japan-based company principally engaged in the planning, development and sale of software and hardware products. The Company provides products through smart phone operators, directly sells through their own online shops, as well as wholesales to home appliance discount stores and other electronic commerce (EC) websites. The Companyâs products comprise Virus Security ZERO, Super Security ZERO, HITSUO series, KYOSOKU series, IKINARI PDF series, TOKU-UCHI series and Android Selected Application series.
SourceNext Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018