Future Architect, Inc. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2014; Provides Year End Dividend Guidance for the Year Ending December 31, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2014
October 27, 2014
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Future Architect, Inc. announced consolidated earnings results for the nine months ended September 30, 2014. For the period, the company reported net sales of JPY 25,437 million compared with JPY 21,755 million for the same period a year ago. Operating income was JPY 3,225 million compared with JPY 2,520 million for the same period a year ago. Ordinary income was JPY 3,280 million compared with JPY 2,632 million for the same period a year ago. Quarterly net income was JPY 1,797 million or JPY 40.27 per share compared with JPY 1,598 million or JPY 35.78 per share for the same period a year ago. Income before income taxes and minority interests was JPY 3,280.441 million compared with JPY 2,603.021 million for the same period a year ago. Net cash provided by operating activities was JPY 1,889.870 million compared with JPY 2,798.920 million for the same period a year ago. This was mainly due to income taxes paid of JPY 1,749 million, despite the posting of income before taxes and minority interests of JPY 3,280 million. Purchase of intangible assets was JPY 136.206 million compared with JPY 35.443 million for the same period a year ago. Purchase of property, plant and equipment was JPY 245.655 million compared with JPY 123.149 million for the same period a year ago. For the first nine months of net sales, operating income, ordinary income and net income respectively posted all-time highs mainly due to favorable performance of the IT Consulting Business and contributions from the consolidation of eSPORTS Co. Ltd.
The company provided year end dividend guidance for the year ending December 31, 2014. For the period, the company expected dividend of JPY 9 per share compared to JPY 8 per share paid in the previous year.
The company provided consolidated earnings guidance for the full year ending December 31, 2014. For the period, the company expected to report net sales of JPY 33,400 million, operating income of JPY 4,000 million, ordinary income of JPY 4,040 million and net income of JPY 2,280 million or JPY 51.09 per share.
Future Corporation, formerly Future Architect, Inc. mainly operates in four business segments. The Information and Technology(IT) Consulting segment is engaged in the provision of IT consulting services and procurement services for hardware, as well as the introduction, customization and operation and maintenance of enterprise resource planning(ERP). The Package & Services segment is involved in the development, sale and provision of support for FUTUREONE software and the construction of e-commerce(EC) site, as well as the cloud logistics inventory management (WMS) business and others. The New Media & Web Services segment is engaged in the operation of Websites, as well as the provision of Internet services. The Corporation Revitalization segment involves in the operation of food supermarkets. The Company also engages in the investment, ownership and operation of securities. As of December 31, 2013, the Company had 16 consolidated subsidiaries and seven associated companies.
Future Architect, Inc. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2014; Provides Year End Dividend Guidance for the Year Ending December 31, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2014
FUTURE CORPORATION 
