Pasona Group Inc. Announces Consolidated Earnings Results for the Half Year Ended November 30, 2016; Provides Earnings Guidance for the Year Ending May 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending May 31, 2017
January 12, 2017
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Pasona Group Inc. announced consolidated earnings results for the half year ended November 30, 2016. For the half year, the company's net sales were ¥136,867 million compared with ¥127,602 million a year ago. Operating income was ¥794 million compared with ¥1,072 million a year ago. Ordinary income was ¥759 million compared with ¥977 million a year ago. Loss attributable to owners of parent was ¥816 million compared with ¥334 million a year ago. Net loss per share was ¥22.18 compared to ¥9.08 a year ago. Income before income taxes was ¥724 million compared with ¥985 million a year ago. Net cash used in operating activities amounted to ¥515 million against ¥4,919 million for in the first half of 2015. Purchase of property, plant and equipment was ¥685 million compared with ¥576 million a year ago. Purchase of intangible assets was ¥562 million compared with ¥692 million a year ago.
For the fiscal year ending May 31, 2017, the company forecasts net sales of ¥283,000 million, operating income of ¥4,300 million, ordinary income of ¥4,200 million, net income of ¥500 million or ¥13.59 per share.
For the fiscal year ending May 31, 2017, the company forecasts dividend of ¥12.00 per share against ¥12.00 per share paid for the same period a year ago.
Pasona Group Inc. is primarily engaged in temporary staffing services. The Company mainly operates through three business segments. The human & resources (HR) solution business includes experts service (staffing), insourcing (outsourcing / contracting), HR consulting, education and training, other global sourcing (overseas talent service), career solutions (staffing, reemployment support), as well as outsourcing service. The life solutions business is engaged in nurseries, nursing care services, housekeeping substitution projects, among others. The public solutions business is engaged in social welfare-related projects, including regional creation projects and projects related to job creation for persons with disabilities.
Pasona Group Inc. Announces Consolidated Earnings Results for the Half Year Ended November 30, 2016; Provides Earnings Guidance for the Year Ending May 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending May 31, 2017