WOWOW Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Year-End Dividend for the Year Ended March 31, 2018; Provides Year-End Dividend Guidance for the Year Ending March 31, 2019
May 15, 2018
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WOWOW INC. reported consolidated earnings results for the year ended March 31, 2018. For the year, net sales were JPY 81,574 million against JPY 78,253 million a year ago. Operating profit was JPY 9,875 million against JPY 10,141 million a year ago. Ordinary profit was JPY 10,698 million against JPY 10,282 million a year ago. Profit attributable to owners of parent was JPY 7,360 million against JPY 6,800 million a year ago. Earnings per share were JPY 272.70 against JPY 251.94 a year ago. Cash flow from operating activities was JPY 9,421 million against JPY 12,202 million a year ago. Profit before income taxes was JPY 10,630 million against JPY 9,761 million a year ago. Purchase of property, plant and equipment was JPY 2,277 million against JPY 1,314 million a year ago. Purchase of intangible assets was JPY 738 million against JPY 757 million a year ago.
For the six months ending September 20, 2018, on consolidated basis, the company expects net sales of JPY 40,700 million, operating profit of JPY 3,500 million, ordinary profit of JPY 3,800 million, profit attributable to owners of parent of JPY 2,600 million and earnings per share of JPY 96.33.
For the fiscal year ending March 31, 2019, on consolidated basis, the company expects net sales of JPY 83,300 million, operating profit of JPY 6,600 million, ordinary profit of JPY 7,100 million, profit attributable to owners of parent of JPY 5,000 million and earnings per share of JPY 185.25.
The company announced year-end dividend of JPY 80 per share compared to JPY 80 per share paid a year ago. Scheduled date to commence dividend payments will be June 1, 2018
For the fiscal year ending March 31, 2019, the company expects to pay a dividend of JPY 80 per share.
WOWOW INC. is a Japan-based company engaged in the pay broadcasting business through broadcasting satellites (BSs). The Company operates in two business segments. The Broadcasting segment is engaged in the procurement and production of television programs, as well as the broadcasting of advertisement for free, the management of client and music copyrights, the procurement and operation of satellites, the publishing and management of integrated circuit for circumscription receiving system (CAS), the procurement, development and operation of music and image contents, among others. The Telemarketing segment is engaged in customer management, telemarketing, video and broadcast related transaction business.
WOWOW Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Full Year Ending March 31, 2019; Announces Year-End Dividend for the Year Ended March 31, 2018; Provides Year-End Dividend Guidance for the Year Ending March 31, 2019