Trancom Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017
July 24, 2016
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Trancom Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company's net sales were ¥31,660 million compared with ¥30,759 million a year ago. Operating income was ¥1,338 million compared with ¥1,285 million a year ago. Ordinary income was ¥1,298 million compared with ¥1,274 million a year ago. Profit attributable to owners of parent was ¥1,449 million or ¥148.89 per diluted share compared with ¥644 million or ¥66.20 per diluted share a year ago. Profit before income taxes was ¥1,901 million compared with ¥964 million a year ago.
For the six months ending September 30, 2016, the company forecasts net sales of ¥64,080 million, operating income of ¥2,530 million, ordinary income of ¥2,490 million, profit attributable to owners of parent of ¥1,830 million or ¥188.52 per share.
For the year ending March 31, 2017, the company forecasts net sales of ¥133,130 million, operating income of ¥6,340 million, ordinary income of ¥6,260 million, profit attributable to owners of parent of ¥4,200 million or ¥432.66 per share.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.
Trancom Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017