Belluna Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2019
February 08, 2019 at 10:22 am
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Belluna Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 133,555 million against JPY 121,997 million a year ago. Operating income was JPY 8,460 million against JPY 9,352 million a year ago. Net income was JPY 7,177 million or JPY 7.81 per share against JPY 8,318 million or JPY 85.55 per share a year ago.
The company provided earnings and dividend guidance for the full year ending March 31, 2019. For the year, the company expects to pay a final dividend of JPY 7.50 per share.
For the year, the company expects to report net sales of JPY 180,000 million, operating income of JPY 15,000 million and net income of JPY 10,500 million or JPY 107.98 per share.
BELLUNA CO.,LTD. is a Japan-based company mainly engaged in the mail order business. The Company operates through seven business segments. General Mail Order segment is involved in the sale of lifestyle related products such as clothing, household goods and furniture, as well as the provision of the related business. Specialty Mail Order segment is involved in the sale of single items, as well as the sale of products specialized for specific customers. Store Sales segment is involved in the sale of clothing and kimono-related products. Solution segment is involved in the consignment business. Finance segment in involved in the provision of consumer finance business for mail order business customers. Property segment mainly includes real estate leasing business, real estate revitalization and development business and hotel business. Other segment is involved in the renting and wholesale of clothing, as well as the operation of golf courses.
Belluna Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2019