Ichigo Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2018
For the third quarter, the company reported revenue of JPY 11,369 million against JPY 7,844 million a year ago. Operating profit was JPY 3,065 million against JPY 2,058 million a year ago. Recurring profit was JPY 2,898 million against JPY 1,541 million a year ago. Net income was JPY 2,071 million against JPY 902 million a year ago. Pre-tax net income was JPY 2,613 million against JPY 1,513 million a year ago. Net cash flow operations were JPY 3,641 million against JPY 32,358 million a year ago. Acquisition of property, plant, and equipment was JPY 1,386 million against JPY 1,062 million a year ago. Acquisition of intangible assets was JPY 67 million.
The company provided consolidated earnings guidance for the year ending February 28, 2018. For the year ending February 28, 2018, the company expects revenue of JPY 75,500 million, operating profit of JPY 20,600 million, recurring profit of JPY 18,300 million and net income of JPY 13,500 million or JPY 26.98 per share.