SCSK Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2013; Provides Earnings Guidance for the Six Months Ending September 30, 2013 and Year Ending March 31, 2014
July 30, 2013
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SCSK Corporation reported consolidated earnings results for the first quarter ended June 30, 2013. For the period, the company reported net sales of JPY 64,516 million against JPY 63,185 million a year ago. Operating income was JPY 3,488 million against JPY 3,448 million a year ago. Ordinary income was JPY 3,750 million against JPY 3,905 million a year ago. Income before income taxes and minority interests was JPY 3,365 million against JPY 3,907 million a year ago. Net income was JPY 3,102 million or JPY 28.81 per diluted share against JPY 3,567 million or JPY 33.50 per basic and diluted share a year ago. Net cash provided by operating activities was JPY 4,061 million against JPY 5,551 million a year ago. Purchase of tangible fixed assets was JPY 735 million and purchase of intangible fixed assets was JPY 402 million against purchase of tangible fixed assets was JPY 4,148 million and purchase of intangible fixed assets was JPY 580 million a year ago.
For the six months ending September 30, 2013, the company expects net sales of JPY 136,000 million, operating income of JPY 9,500 million, ordinary income of JPY 9,800 million net income of JPY 8,600 million or JPY 82.95 per share.
For the year ending March 31, 2014, the company expects net sales of JPY 290,000 million, operating income of JPY 23,500 million, ordinary income of JPY 23,500 million net income of JPY 17,500 million or JPY 168.78 per share.
SCSK Corp is a Japan-based company mainly provides information technology (IT) consulting, system development, verification services, IT infrastructure construction, IT management, IT hardware and software sales, and business process outsourcing (BPO) services. The Industrial IT segment provides various IT solutions to customers through the development, maintenance, and operation of mission-critical systems and other systems. The Financial IT Segment is mainly engaged in system development, maintenance, and operation for financial institutions such as banks and trust companies. The IT Solutions segment provides IT solutions such as application management outsourcing (AMO) services. The IT Platform segment develops and sells packaged software. The IT Management segment develops data centers netXDC. The Others segment develops software and manages system operations, sells system equipment, and provides consulting services and remote development.
SCSK Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2013; Provides Earnings Guidance for the Six Months Ending September 30, 2013 and Year Ending March 31, 2014