Belluna Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Six Months Ending September 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending September 2017 and Year Ending March 31, 2018; Announces Cash Dividend for the Year Ended March 31, 2017, Payable from June 29, 2017
May 10, 2017
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Belluna Co., Ltd. reported consolidated earnings results for the year ended March 31, 2017. For the period, the company's net sales were ¥146,083 million against ¥131,742 million a year ago. Operating income was ¥10,882 million against ¥8,366 million a year ago. Ordinary income was ¥12,188 million against ¥7,105 million a year ago. Net income was ¥5,802 million against ¥3,544 million a year ago. Net income per share was ¥59.68 against ¥36.45 a year ago. Net cash flows by operating activities was ¥8,214 million against ¥9,176 million a year ago.
For the six months ending September 2017, the company expects net sales to be ¥73,000 million, operating income to be ¥4,200 million, ordinary income to be ¥4,500 million, net income to be ¥2,900 million and net income per share to be ¥29.82.
For the year ending March 31, 2018, the company expects net sales to be ¥160,000 million, operating income to be ¥13,000 million, ordinary income to be ¥13,500 million, net income to be ¥8,800 million and net income per share to be ¥90.50.
For the year ended March 31, 2017, the company announces cash dividend of ¥6.25 per share against ¥6.25 per share a year ago. The dividend payment of cash dividends will be June 29, 2017.
For the second quarter ending September 2017, the company expects to pay cash dividend of ¥6.25 per share against ¥6.25 per share a year ago.
For the year ending March 31, 2018, the company expects to pay cash dividend of ¥6.25 per share against ¥6.25 per share a year ago.
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. Reports Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Six Months Ending September 2017 and Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending September 2017 and Year Ending March 31, 2018; Announces Cash Dividend for the Year Ended March 31, 2017, Payable from June 29, 2017