Striders Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
February 13, 2018
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Striders Corporation reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of JPY 5,710 million against JPY 4,684 million a year ago. Operating profit was JPY 219 million against JPY 246 million a year ago. Ordinary profit was JPY 206 million against JPY 258 million a year ago. Profit attributable to owners of parent was JPY 142 million or JPY 15.99 per diluted share against JPY 149 million or JPY 16.74 per diluted share a year ago. Profit before income taxes was JPY 207.193 million against JPY 210.960 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year ending March 31, 2018, the company expects net sales of JPY 6,700 million, operating profit of JPY 310 million, ordinary profit of JPY 310 million and profit attributable to owners of parent of JPY 200 million or JPY 22.51 per share.
Striders Corporation is a Japan-based company mainly engaged in the real estate business, hotel business and overseas business. The Company operates in three business segments. The Real Estate segment is engaged in the residence business, building management business, rental brokerage business, real estate sales business, rent guarantee business and interior decoration business. The Hotel segment is engaged in the ownership and operation of hotels. The Overseas segment is engaged in the investment business mainly in Asia and developing countries, and the advertising agency business in Indonesia. The Company is also engaged in the development and sale of in-vehicle terminal systems, the manufacture and sale of Chinese noodles, the reorganize business, and the patent prior art search business.
Striders Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018