Daiichikosho Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2012; Announces Second Quarter Dividend, Payable from December 5, 2012; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2013
November 08, 2012
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Daiichikosho Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2012. For the quarter, the company reported net sales of JPY 62,747 million compared to JPY 62,150 million a year ago. Operating income was JPY 9,464 million compared to JPY 9,111 million a year ago. Net income was JPY 5,911 million or JPY 94.77 per share compared to JPY 5,256 million or JPY 81.99 per share a year ago. Ordinary income was JPY 10,135 million compared to JPY 9,944 million a year ago. Income before income taxes and minority interests was JPY 10,004 million compared to JPY 9,171 million a year ago. Net cash provided by operating activities was JPY 11,965 million compared to JPY 14,488 million a year ago. Purchase of property, plant and equipment was JPY 5,051 million compared to JPY 8,468 million a year ago.
For the second quarter of fiscal 2013, the company announced dividend of JPY 25.00 per share, payable from December 5, 2012.
For the year ending March 31, 2013, the company is expecting net sales of JPY 130,000 million, operating income of JPY 18,800 million, ordinary income of JPY 18,800 million and net income of JPY 11,400 million or JPY 184.41 per share.
For the year ending March 31, 2013, the company expects year end dividend of JPY 30.00 per share and total dividend of JPY 55.00 per share.
DAIICHIKOSHO CO., LTD. is mainly involved in the entertainment business. The Company operates in three business segments. The Commercial Karaoke segment is engaged in the sale and leasing of karaoke machines for commercial use, the provision of audio and video contents for communication karaoke. The Karaoke and Restaurant segment is engaged in the operation of karaoke rooms and restaurants. The Music Software segment is involved in the production and sale of music and visual software. The others business is engaged in the background music broadcasting business, the provision of content services via cellular phone, and the real estate leasing business, among others.
Daiichikosho Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2012; Announces Second Quarter Dividend, Payable from December 5, 2012; Provides Earnings and Dividend Guidance for the Year Ending March 31, 2013