Golf Digest Online Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2012; Provides Non-Consolidated Earnings Guidance for the Year Ending December 31, 2013
For the year, on non-consolidated basis, the company's net sales were ¥12,863 million against ¥12,055 million a year ago. Operating loss was ¥172 million against ¥517 million a year ago. Ordinary loss was ¥179 million against ¥525 million a year ago. Net loss was ¥86 million or ¥584.43 per basic share against ¥546 million or ¥3,501.49 per basic share a year ago.
The company provided non consolidated earnings guidance for the year ending December 31, 2013. For the year ending December 31, 2013, the company expected net sales to be in the range of ¥13,500 million to ¥14,000 million, operating profit to be in the range of ¥50 million to ¥200 million, ordinary profit to be in the range of ¥50 million to ¥180 million and net income to be in the range of ¥20 million to ¥100 million or ¥135.78 to ¥678.92 per share. Net assets per share as at December 31, 2012 were ¥12,835.87 against ¥14,030.26 as at December 31, 2011.