Sun Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the First Half Ending September 30, 2018 and Full Year Ending March 31, 2019
August 10, 2018 at 03:00 am
Share
Sun Corporation announced consolidated earnings results for the first quarter ended June 30, 2018. For the period, the group reported net sales of ¥5,693 million, operating loss of ¥365 million, ordinary loss of ¥250 million and profit attributable to owners of parent was ¥324 million or ¥13.99 diluted per share compared to net sales of ¥6,946 million, operating loss of ¥365 million, ordinary loss of ¥392 million and loss attributable to owners of parent was ¥423 million or ¥18.79 basic per share reported in the same period last year.
The company provided earnings guidance for the first half ending September 30, 2018. The company expects net sales of ¥25,500 million to ¥24,500 million, operating loss of ¥200 million to ¥1,100 million, ordinary loss of ¥400 million to ¥1,300 million and profit attributable to owners of parent of ¥250 million to loss ¥650 million or ¥11.09 basic earnings per share to ¥28.84 basic loss per share.
For the year ending March 31, 2019, the company expects net sales of ¥11,000 million to ¥10,500 million, operating loss of ¥13.0 million to ¥16.9 million, ordinary loss of ¥1,100 million to ¥1,800 million and loss attributable to owners of parent of ¥350 million to ¥1,100 million or ¥15.53 basic loss per share to ¥48.81 basic loss per share.
SUNCORPORATION is a Japan-based manufacturing company mainly engaged in the development, manufacture and sale of mobile data solution business and entertainment related business. The Company operates in two segments. The Mobile Data Solution segment is engaged in the development, manufacture and sale of mobile data transfer equipment and mobile data solution. The Entertainment Related segment is engaged in the development, manufacture and sale of pachinko control boards, plastic molding products and dies used for pachinko machines, pachinko halls related machine management, member management and prize management, as well as other total computer systems.
Sun Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the First Half Ending September 30, 2018 and Full Year Ending March 31, 2019