Encourage Technologies Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020
May 27, 2020 at 04:00 am EDT
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Encourage Technologies Co., Ltd. reported consolidated and Non-consolidated earnings results for the year ended March 31, 2020. For the full year, on a consolidated basis, the company reported net sales of JPY 1,928 Million compared to JPY 2,268 Million a year ago. Operating profit was JPY 162 Million compared to JPY 564 Million a year ago. Profit attributable to owners of parent was JPY 83 Million compared to JPY 407 Million a year ago. Basic earnings per share was JPY 12.19 compared to JPY 59.32 a year ago.
For the full year, on a non-consolidated basis, the company reported net sales of JPY 1,885 Million compared to JPY 2,114 Million a year ago. Operating profit was JPY 179 Million compared to JPY 546 Million a year ago. Profit JPY 113 Million compared to JPY 397 Million a year ago. Basic earnings per share was JPY 16.60 compared to JPY 57.89 a year ago.
Encourage Technologies Co., Ltd. is principally engaged in development, sale and maintenance of software packages. The Companyâs business activities comprise packaged software business and system development service business. The packaged software business includes five divisions, including license division, maintenance support service division, cloud service division, consultant service division and SIO resident services division. The system development service business engages the consignment of system development services, the design and development of software, and dispatch engineers.