Densan System Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the First Half and Full Year Ending December 31, 2017
April 27, 2017
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Densan System Co.,Ltd. reported consolidated earnings results for the first quarter ended March 31, 2017. For the period, the company reported net sales of JPY 7,963 million against JPY 7,220 million a year ago. Operating income was JPY 364 million against JPY 199 million a year ago. Ordinary income was JPY 379 million against JPY 206 million a year ago. Net income attributable to parent shareholders was JPY 235 million or JPY 24.13 per share against JPY 139 million or JPY 14.38 per share a year ago.
For the first half of fiscal year 2017, the company expects consolidated net sales of JPY 15,987 million, operating income of JPY 470 million, ordinary income of JPY 479 million and net income attributable to parent of JPY 267 million or JPY 27.34 per share.
For the year ending December 31, 2017, the company expects consolidated net sales of JPY 33,700 million, operating income of JPY 1,170 million, ordinary income of JPY 1,180 million and net income attributable to parent of JPY 675 million or JPY 69.05 per share.
Densan System Holdings Co Ltd mainly manages the business of group companies and conducts incidental operations as a holding company. Through the wholly owned subsidiary, as a comprehensive information processing service company, the Company operates business in two business segments, including Information Service business segment and Payment-Collection Agency Service business segment. The Information Service business segment provides products and services, such as information processing services, system integration, software development, and system equipment. The Payment-Collection Agency Service business segment provides payment-collection agent services through credit card companies, convenience stores, banks, and electronic money businesses.
Densan System Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017; Provides Earnings Guidance for the First Half and Full Year Ending December 31, 2017