Sohgo Security Services Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2013; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2014
July 29, 2013
Share
Sohgo Security Services Co. Ltd. reported consolidated earnings results for the first quarter ended June 30, 2013. For the quarter, the company's net sales were ¥77,210 million compared with ¥75,971 million a year ago. Operating income was ¥3,355 million compared with ¥3,352 million a year ago. Ordinary income was ¥3,676 million compared with ¥3,606 million a year ago. Net income was ¥1,861 million or ¥18.51 per share compared with ¥1,944 million or ¥19.34 per share a year ago. Net cash used in operating activities was ¥5,617 million compared with ¥2,317 million a year ago. Purchase of property, plant and equipment was ¥2,725 million compared with ¥1,945 million a year ago. Income before income taxes was ¥3,716 million compared with ¥3,677 million a year ago.
For the first half ending September 30, 2013, the company forecasts net sales of ¥159,300 million, operating income of ¥6,800 million, ordinary income of ¥7,600 million and net income of ¥4,000 million or ¥39.79 per share.
For the year ending March 31, 2014, the company forecasts net sales of ¥330,000 million, operating income of ¥18,200 million, ordinary income of ¥20,000 million and net income of ¥10,800 million or ¥107.44 per share.
Sohgo Security Services Co Ltd is a Japan-based company mainly engaged in the security services business. The Company operates in three segments. The Security segment engages in the machine security services, permanent security services and security transport services. The Integrated Management and Disaster Prevention segment operates pipe work, electrical work, facility work, cleaning management, environmental health management, facility management, inspection of fire fighting equipment. The Care segment provides home care support, visit care, regular care and facility care service and provides device rentals. It also provides MMK, a multifunctional automated teller machine (ATM), ALSOK safety confirmation service, Mamorukku, a multifunctional mobile security terminal, security solution service, information security service.
Sohgo Security Services Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2013; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2014