ORO Co., Ltd Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020
February 13, 2020
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ORO Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended December 31, 2019. For the year, on consolidated basis, the company reported net sales of JPY 5,022 million against JPY 4,463 million a year ago. Operating profit was JPY 1,333 million against JPY 1,174 million a year ago. Profit attributable owners of the company was JPY 900 million against JPY 834 million a year ago. Earnings per share was JPY 54.24 against JPY 50.25 a year ago.
For the year, on no-consolidated basis, the company reported net sales of JPY 4,744 million against JPY 4,187 million a year ago. Operating profit was JPY 1,327 million against JPY 1,153 million a year ago. Profit was JPY 852 million against JPY 809 million a year ago. Earnings per share was JPY 51.35 against JPY 48.75 a year ago.
The company provided consolidated earnings guidance for the year ending December 31, 2020. The company expects net sales of JPY 5,721 million, operating profit of JPY 1,791 million and profit attributable to owners of parent of JPY 1,237 million or JPY 74.55 per share.
ORO Co.,Ltd. is a Japan-based company mainly engaged in the provision of business solutions that resolve top management's problems and maximize corporate value. The Company has two business segments. The Business Solutions segment is mainly involved in the development and delivering of cloud enterprise resource planning (ERP) under name ZAC Enterprise and cloud professional service automation (PSA) under name Reforma PSA, the delivering system solutions and information technology (IT) infrastructure toward companies, as well as the provision of business process outsourcing and others. The Communication Design segment is engaged in the communication strategy planning for companies and their stakeholders, the production of TVCM, magazines and advertisements on media like newspaper, the strategy planning of Website, the promotion campaigns, event planning and host services, as well as the market research, analyze, effect measurement and other services. The Company has nine subsidiaries.
ORO Co., Ltd Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended December 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2020
ORO CO., LTD. 
