IKK Inc. Reports Consolidated Earnings Results for the First Quarter Ended Jan. 31, 2018; Provides Earnings Guidance for the First Half of Fiscal Year Ending October 31, 2018 and Full Year Ending October 31, 2018
March 01, 2018
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IKK Inc. reported consolidated earnings results for the first quarter ended Jan. 31, 2018. For the quarter, net sales were JPY 4,139 million against JPY 4,211 million a year ago. Operating profit was JPY 55 million against JPY 380 million a year ago. Ordinary profit was JPY 62 million against JPY 380 million a year ago. Profit attributable to owners of parent was JPY 31 million against JPY 253 million a year ago. Net income per share was JPY 1.07 against JPY 8.60 a year ago. Profit before income taxes was JPY 52,873,000 against JPY 380,684,000 a year ago.
For the first half of the fiscal year ending October 31, 2018, the company expects to report, net sales of JPY 9,180 million, operating profit of JPY 525 million, ordinary profit of JPY 525 million and profit attributable to owners of parent of JPY 340 million or net income per share of JPY 11.54.
For the full year ending October 31, 2018, the company expects to report, net sales of JPY 20,005 million, operating profit of JPY 2,005 million, ordinary profit of JPY 2,010 million and profit attributable to owners of parent of JPY 1,290 million or net income per share of JPY 43.72.
IKK Holdings Inc, formerly known as IKK Inc, is a Japan-based company mainly engaged in the wedding business, nursing care business, food business, photo business, and marriage brokerage business. The Company operates through five business segments. The Wedding segment provides planning and management services related to wedding ceremonies and receptions. The Nursing Care segment operates paid nursing homes and provides nursing care services. The Food segment is engaged in the planning, development, and sales of gifts, confectionery, and gift products. The Photo segment provides planning and operating services of photo weddings and photo studios. The Marriage Brokerage segment provides planning and management services related to marriage brokerage.
IKK Inc. Reports Consolidated Earnings Results for the First Quarter Ended Jan. 31, 2018; Provides Earnings Guidance for the First Half of Fiscal Year Ending October 31, 2018 and Full Year Ending October 31, 2018