Belluna Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
January 30, 2018
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Belluna Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company announced net sales of JPY 121,997 million against JPY 109,639 million a year ago. Operating income was JPY 9,352 million against JPY 7,711 million a year ago. Net income was JPY 8,318 million or JPY 85.55 per share against JPY 6,321 million or JPY 65.01 per share a year ago. Ordinary income was JPY 11,530 million against JPY 9,423 million a year ago.
The company provided dividend guidance for the fiscal year ending March 31, 2018. The company expects year-end dividend of JPY 6.25 per share compared to JPY 6.25 per share paid a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the full year, the company expects net sales of JPY 160,000 million, operating income of JPY 13,000 million, ordinary income of JPY 13,500 million and net income of JPY 8,800 million or JPY 90.50 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, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018