SourceNext Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings and Dividend Guidance for the Year Ended March 31, 2016
November 12, 2015
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SourceNext Corporation reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of ¥3,295 million against ¥2,755 million a year ago. Operating income was ¥737 million against ¥608 million a year ago. Ordinary income was ¥743 million against ¥616 million a year ago. Income before income taxes and minority interests was ¥743,754,000 against ¥615,099,000 a year ago. Profit attributable to owners of parent was ¥505 million or ¥15.92 per share against ¥692 million or ¥21.84 per share a year ago. Net cash provided by operating activities was ¥508,004,000 compared to ¥606,632,000 a year ago. Purchase of property, plant and equipment was ¥1,785,000 compared to ¥857,000 a year ago. Purchase of software was ¥177,083,000 compared to ¥256,870,000 a year ago.
For the year ending March 31, 2016, the company expects to pay dividend of ¥4.28 per share compared to ¥3.83 per share a year ago.
For the year ending March 31, 2016, the company expects net sales of ¥6,889 million, operating income of ¥1,399 million, ordinary income of ¥1,406 million and net income attributable to parent company's shareholders of ¥905 million or ¥28.52 per share.
SOURCENEXT CORPORATION is a Japan-based company principally engaged in the planning, development and sale of software and hardware products. The Company provides products through smart phone operators, directly sells through their own online shops, as well as wholesales to home appliance discount stores and other electronic commerce (EC) websites. The Companyâs products comprise Virus Security ZERO, Super Security ZERO, HITSUO series, KYOSOKU series, IKINARI PDF series, TOKU-UCHI series and Android Selected Application series.
SourceNext Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings and Dividend Guidance for the Year Ended March 31, 2016