H.I.S. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended April 30, 2018; Provides Earnings Guidance for the Year Ending October 31, 2018
May 30, 2018
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H.I.S. Co., Ltd. reported consolidated earnings results for the six months ended April 30, 2018. For the period, the company reported net sales of JPY 341,247 million against JPY 271,825 million a year ago. Operating income was JPY 7,623 million against JPY 6,242 million a year ago. Ordinary income was JPY 7,814 million against JPY 10,531 million a year ago. Profit before income tax was JPY 8,713 million against JPY 9,894 million a year ago. Profit attributable to the owner of the parent was JPY 3,555 million against JPY 5,172 million a year ago. Diluted earnings per share were JPY 53.46 against JPY 78.47 a year ago. Net cash provided by operating activities was JPY 12,231 million against JPY 19,740 million a year ago. Purchase of property, plant and equipment and intangible assets was JPY 19,057 million against JPY 7,917 million a year ago.
For the year ending October 31, 2018 the company expects sales of 720,000 million, operating income of JPY 17,300 million, ordinary income of JPY 17,500 million, net income attributable to the owner of the parent of JPY 9,100 million and EPS of JPY 158.96.
H.I.S. Co., Ltd. is primarily engaged in travel business. The Company operates in four segments. The Travel segment is engaged in the provision of related services of overseas and domestic travel. The Huisten Bos Group segment has owned and operated theme parks in Sasebo City, Nagasaki Prefecture and Gamagori City in Aichi Prefecture, and develops new power sources such as renewable energy, and incidental projects. The Hotel segment is engaged in hotel and related business in Japan, Taiwan and others. The Kyushu Industrial Transportation Group, with the Kyushu Industrial Transportation Holdings Co., Ltd. as the holding company, is primarily engaged in automobile transportation business. Besides, it is involved in insurance agency such as overseas travel insurance, as well as development and operation of guest room reservation system.
H.I.S. Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended April 30, 2018; Provides Earnings Guidance for the Year Ending October 31, 2018