I.K Co.,Ltd. Announces Consolidated Earnings Results for the First Six Months Ended November 30, 2016; Provides Dividend Guidance for the Year Ending May 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending May 31, 2017
January 13, 2017 at 10:30 am
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I.K Co.,Ltd. announced consolidated earnings results for the first six months ended November 30, 2016. For the six months, the company announced net sales of JPY 7,071 million against JPY 6,733 million a year ago. Operating income was JPY 211 million against JPY 49 million a year ago. Profit attributable to owners of parent company was JPY 153 million or JPY 82.20 per share against loss of JPY 3 million or JPY 1.69 per share a year ago.
The company provided dividend guidance for the year ending May 31, 2017. For the year, the company expects year-end dividend of JPY 20.00 per share against JPY 20.00 per share a year ago.
For the full year ending March 31, 2017, on consolidated basis, the company expects to report net sales of JPY 14,900 million, operating income of JPY 450 million, ordinary income of JPY 450 million and profit attributable to owners of parent company of JPY 300 million or JPY 161.02 per share.
IK Holdings Co Ltd is a Japan-based company mainly engaged in the direct marketing business, which sells miscellaneous goods, food, and cosmetics directly to end consumers, the sales marketing business, which wholesales the same products, and the information technology (IT) solutions business, which provides construction and support for chat systems and contact centers. The Company operates through three segments. The Direct Marketing segment is engaged in the retail business of selling SKINFOOD cosmetics through television (TV) shopping, internet shopping, and brick-and-mortar stores. The Sales Marketing segment is engaged in the wholesale business to consumer cooperatives, mail-order companies, retail stores, and overseas partner companies. The IT Solutions segment is engaged in the sale of chat systems and voice call recording systems.
I.K Co.,Ltd. Announces Consolidated Earnings Results for the First Six Months Ended November 30, 2016; Provides Dividend Guidance for the Year Ending May 31, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending May 31, 2017
IK HOLDINGS CO.,LTD. 
