Estore Corporation Reports Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
August 08, 2018
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Estore Corporation reported non-consolidated earnings results for the first quarter ended June 30, 2018. For the period, the company reported net sales of JPY 1,206 million compared to JPY 1,218 million a year ago. Operating income was JPY 144 million compared to JPY 108 million a year ago. Ordinary income was JPY 143 million compared to JPY 106 million a year ago. Net income was JPY 97 million or JPY 18.96 per share compared to JPY 71 million or JPY 13.94 per share a year ago.
The company provided earnings guidance for the year ending March 31, 2019. For the year, the company expects net sales of JPY 5,540 million, operating income of JPY 531 million, ordinary income of JPY 531 million and net income of JPY 367 million.
Estore Corp is a Japan-based company mainly engaged in the electronic commerce (EC) and hands-on incubation (HOI). The Company operates in two business segments. The EC segment provides comprehensive EC support services for a wide range of businesses, from large companies to small and medium-sized enterprises, and provides EC system, payment service, and marketing businesses. The HOI segment is operated for companies that have excellent products, content, and many customers, but are missing out on opportunities due to a lack of invested capital and e-commerce know-how. The HOI business generously provides partner companies with the direct-to-consumer (D2C) know-how and knowledge gained over the 23 years since its founding, as well as the vast amount of data, and invests systems, marketing, human resources, and funds. Besides mergers and acquisitions (M&A), the Company also carries out project styles such as special purpose companies (SPCs), joint ventures, and profit-sharing models.
Estore Corporation Reports Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
ESTORE CORPORATION 
