Usen-Next Holdings Co.,Ltd. Announces Earnings Results for the Second Quarter of Fiscal Year Ending August 2019; Provides Earnings Guidance for the Fiscal Year of 2019
April 10, 2019 at 12:30 pm IST
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Usen-Next Holdings Co.,Ltd. announced earnings results for the second quarter of fiscal year ending August 2019. For the quarter, the company reported net sales of JPY 83,574 million. Operating income was JPY 3,942 million. Ordinary income was JPY 3,378 million. Profit attributable to owners of parent was JPY 1,775 million or JPY 29.53 per share.
For the fiscal year of 2019, the company expects net sales to be JPY 170,000 million. Operating income is expected to be JPY 8,000 million. Ordinary income is expected to be JPY 6,500 million. Profit attributable to owners of parent is expected to be JPY 3,000 million. Net Income per share is expected to be JPY 49.95 per share.
U-Next Holdings Co Ltd, formerly known as Usen Next Holdings Co Ltd, is a Japan-based company engaged in the store service business and telecommunications business. The Company operates through five business segments. The Content Distribution segment provides and sells the video distribution service U-NEXT for individuals. The Store Services segment is engaged in the provision, sale, and construction of store solutions, the provision of customer attraction support for restaurants, the management and development of music copyright. The Telecommunications segment provides services to corporations under the USEN GATE02 brand, and broadband Internet lines for individuals. The Commercial Systems segment provides automatic payment machines and front desk management systems for medical institutions and hotels. The Energy segment provides low-voltage electricity, high-voltage electricity, as well as city gas service agency sales, and energy consulting services.
Usen-Next Holdings Co.,Ltd. Announces Earnings Results for the Second Quarter of Fiscal Year Ending August 2019; Provides Earnings Guidance for the Fiscal Year of 2019