Nippon Information Development Co. Ltd. Announces Consolidated Financial Results for the First Quarter Ended June 30, 2012; Provides Earnings Guidance for the Second Quarter and Full Year Ending March 31, 2012; Provides Dividend Guidance for the Fiscal Year 2013
August 08, 2012
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Nippon Information Development Co. Ltd. reported consolidated financial results for the first quarter ended June 30, 2012. For the quarter, the company reported operating income of ¥131,404,000, income before income taxes and minority interest of ¥142,470,000 and net income of ¥60,208,000 or ¥15.90 per basic share on net sales of ¥3,586,707,000 against operating income of ¥161,501,000, income before income taxes and minority interest of ¥167,829,000 and net income of ¥102,424,000 or ¥27.06 per basic share on net sales of ¥3,474,941,000 for the same period of last year.
For fiscal year 2013, the company expects year end dividend of ¥45 per share.
For the second quarter of fiscal year 2012, the company expects net sales of ¥7,250 million, operating income of ¥400 million, ordinary income of ¥380 million and net income of ¥235 million or ¥62.07 per share.
For the year ending March 31, 2012, the company expects net sales of ¥15,300 million, operating income of ¥1,050 million, ordinary income of ¥1,030 million and net income of ¥630 million or ¥166.42 per share.
Nippon Information Development Co., Ltd. is a Japan-based company mainly engaged in the embedded solution business, information and communication technology (ICT) innovation business, financial system business, network solution business and other businesses. The Company operates in five business segments. The Embedded Solutions segment is engaged in the development and design of embedded software to customers. The ICT Innovation Business is engaged in the design and development of communication systems for customers. The Financial Systems segment provides financial business software to customers in the fields of life and non-life insurance, credit and securities, information and services. The Network Solution segment provides services such as system construction, infrastructure construction, security services, system maintenance and operation. The Others segment is involved in three businesses including data solutions business, product business and staffing business.
Nippon Information Development Co. Ltd. Announces Consolidated Financial Results for the First Quarter Ended June 30, 2012; Provides Earnings Guidance for the Second Quarter and Full Year Ending March 31, 2012; Provides Dividend Guidance for the Fiscal Year 2013