SourceNext Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2017, Provides Earnings Guidance for the Year Ending March 31, 2018
Profit attributable to owners of parents was ¥1,070 million against ¥990 million a year ago. Earnings per share was ¥34.31 against ¥31.23 per share a year ago. Cash flows from operating activities was ¥1,918 million against ¥1,623 million a year ago. Purchase of property, plant and equipment was ¥305,722,000 compared to ¥21,226,000 a year ago. Purchase of software was ¥618,066,000 compared to ¥378,963,000 a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥9,444 million, operating income of ¥1,717 million, ordinary profit of ¥1,720 million and net income attributable to parent company's shareholders of ¥1,195 million or ¥38.62 per share.