Trancom Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
October 30, 2017
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Trancom Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of ¥69,411 million against ¥64,630 million a year ago. Operating profit was ¥2,520 million against ¥2,460 million a year ago. Ordinary profit was ¥2,494 million against ¥2,373 million a year ago. Profit attributable to owners of parent was ¥1,500 million or ¥154.06 per diluted share against ¥2,108 million or ¥216.55 per diluted share a year ago. Profit before income taxes was ¥2,387 million against ¥2,943 million a year ago. Net cash provided by operating activities was ¥1,248 million against ¥2,001 million a year ago. Purchase of property, plant and equipment was ¥378 million against ¥490 million a year ago. Purchase of intangible assets was ¥230 million against ¥92 million a year ago.
The company provided earnings guidance for the year ending March 31, 2018. For the period, the company expects net sales of ¥144,000 million, operating profit of ¥6,270 million, ordinary profit of ¥6,200 million and profit attributable to owners of parent of ¥3,950 million or ¥406.77 per share.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.
Trancom Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018