Densan System Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2016; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2016; Provides Dividend Guidance for the Fiscal Year Ending December 31, 2016
October 27, 2016
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Densan System Co.,Ltd. announced consolidated earnings results for the nine months ended September 30, 2016. For the quarter the company's net sales were ¥22,161 million compared with ¥21,164 million a year ago. Operating income was ¥737 million compared with ¥665 million a year ago. Ordinary income was ¥766 million compared with ¥682 million a year ago. Net income attributable to parent shareholders was ¥513 million or ¥52.96 per diluted share compared with ¥413 million or ¥42.28 per basic share a year ago.
For the fiscal year ending December 31, 2016, the company forecasts net sales of ¥31,500 million, operating income of ¥1,270 million, ordinary income of ¥1,278 million, and net income attributable to parent shareholders of ¥810 million or ¥83.50 per share.
For the fiscal year ending December 31, 2016, the company forecasts dividend of JPY 12 per share compared to JPY 12 per share a year ago.
Densan System Holdings Co Ltd mainly manages the business of group companies and conducts incidental operations as a holding company. Through the wholly owned subsidiary, as a comprehensive information processing service company, the Company operates business in two business segments, including Information Service business segment and Payment-Collection Agency Service business segment. The Information Service business segment provides products and services, such as information processing services, system integration, software development, and system equipment. The Payment-Collection Agency Service business segment provides payment-collection agent services through credit card companies, convenience stores, banks, and electronic money businesses.
Densan System Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2016; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2016; Provides Dividend Guidance for the Fiscal Year Ending December 31, 2016