K.R.S. Corporation Reports Consolidated Earnings Results for the Six Months Ended May 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending November 30, 2016
July 03, 2016
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K.R.S. Corporation reported consolidated earnings results for the six months ended May 31, 2016. For the period, the company reported operating revenue of JPY 75,190 million against JPY 75,871 million a year ago. Operating income was JPY 2,124 million against JPY 1,737 million a year ago. Ordinary income was JPY 2,273 million against JPY 1,699 million a year ago. Profit attributable to owners of parent was JPY 1,009 million against JPY 962 million a year ago. Earnings per share were JPY 81.19 against JPY 77.20 a year ago. Income before income taxes and minority interests was JPY 2,138 million against JPY 1,734 million a year ago. Net cash used in operating activities was JPY 1,692 million against JPY 3,037 million a year ago. Purchase of property, plant and equipment was JPY 4,292 million against JPY 1,546 million a year ago. Purchase of intangible assets was JPY 64 million against JPY 90 million a year ago.
The company provided consolidated earnings guidance for the year ending November 30, 2016. For the year, the company expects operating revenue of JPY 153,000 million, operating income of JPY 4,700 million, ordinary income of JPY 4,870 million, profit attributable to owners of parent of JPY 2,400 million and earnings per share of JPY 193.10.
K.R.S.Corporation is a Japan-based company mainly engaged in the provision of comprehensive logistics services such as storage, cargo handling, transportation and information processing. The Company is involved in the Manufacture and sale of mayonnaise dressings, canned goods, egg products and frozen foods. The Company operates through three business segments. The Joint Logistics segment is involved in the storage, loading and unloading, national intermodal transportation of foods, as well as the lorry transportation of raw materials such as grease and vinegar. The Dedicated Logistics segment is involved in operation of operates logistics center such as convenience stores. The Other Related segment is involved in the sale of vehicles, logistics equipment and fuel. The Company is also involved in the real estate leasing business, worker dispatch business and non-life insurance agency business.
K.R.S. Corporation Reports Consolidated Earnings Results for the Six Months Ended May 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending November 30, 2016
K.R.S. CORPORATION 
