ORo Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2020; Provides Earnings Guidance for the Full Year Ending December 31, 2020
May 13, 2020 at 07:00 am
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oRo Co., Ltd. announced consolidated earnings results for the first quarter ended March 31, 2020. For the period, the company reported net sales of JPY 1,251,919,000 against JPY 1,148,971,000 a year ago. Operating profit was JPY 361,148,000 against JPY 269,386,000 a year ago. Profit was JPY 258,832,000 against JPY 181,379 a year ago. Earnings per share was JPY 15.53 against JPY 10.93 a year ago.
For the full year 2020, the company expects net sales to be JPY 5,721 million, operating profit to be JPY 1,791 million, profit attributable to owners of parent to be JPY 1,237 million and earnings per share to be JPY 74.55.
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. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2020; Provides Earnings Guidance for the Full Year Ending December 31, 2020
ORO CO., LTD. 
