Itoki Corporation Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending December 31, 2017
October 24, 2017
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Itoki Corporation reported consolidated earnings results for the nine months ended September 30, 2017. For the nine months, the company reported net sales of ¥81,025 million compared to ¥76,476 million, operating income of ¥2,566 million compared to ¥2,364 million, ordinary income of ¥2,844 million compared to ¥2,553 million, profit attributable to owners of parent of ¥1,820 million or ¥39.96 per share compared to ¥1,482 million or ¥30.95 per share and profit before income taxes of ¥2,836 million compared to ¥2,626 million for the last year. Net assets per share was ¥1,022.16.
The company provided consolidated earnings guidance for the year ending December 31, 2017. For the year, the company expects net sales of ¥111,000 million, operating profit of ¥3,400 million, ordinary profit of ¥3,600 million and profit attributable to owners of parent of ¥2,200 million or ¥48.30 per share.
ITOKI CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of office furniture. The Company operates in two business segments. The Office Related segment is engaged in the manufacture and sale of workstations, tables, desk accessories and other office desks, office chairs, meeting chairs, system storage furniture, lockers and other storage furniture. It also provides project management (PM) services, including the repair, assembly and construction of offices, maintenance services and relocation services, as well as the maintenance, rental and recycling of office furniture. The Equipment segment is engaged in the manufacture and sale of storage shelves, office security equipment, building partitions, logistics equipment, commercial equipment, research equipment, powder equipment and others, as well as the provision of building materials and interior works. The Company is also engaged in the provision of household furniture, and the development of software.
Itoki Corporation Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending December 31, 2017
ITOKI CORPORATION 
