Fields Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2018
July 31, 2017 at 10:46 am
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Fields Corporation reported consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company's net sales were ¥12,446 million against ¥15,295 million a year ago. Operating loss was ¥2,902 million against ¥2,997 million a year ago. Ordinary loss was ¥3,055 million against ¥3,241 million a year ago. Loss before income taxes and non-controlling interests was ¥2,668 million against ¥3,622 million a year ago. Net loss attributable to owners of parent was ¥2,752 million against ¥2,340 million a year ago. Net cash flow used in operating activities was ¥915 million against ¥4,808 million a year ago. Purchases of tangible fixed assets were ¥428 million against ¥149 million a year ago. Purchases of intangible fixed assets were ¥117 million against ¥29 million a year ago. Net loss per share was ¥82.96 against ¥70.53 a year ago. Loss before income taxes and non-controlling interests was ¥2,668 million against ¥3,622 million a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2018. For the year, the company expects consolidated net sales to be ¥82,000 million to ¥85,000 million, operating income to be ¥1,000 million to ¥2,000 million, ordinary income to be ¥0 to ¥2,000 million, net income attributable to owners of parent to be ¥0 to ¥1,000 million and net income per share to be ¥0 to ¥30.14.
The company provided dividend guidance for the second quarter and full year ending March 31, 2018. The company plans to pay an interim dividend of ¥25.00 per share compared to ¥25.00 per share paid a year ago and a final dividend of ¥25.00 per share compared to ¥25.00 per share paid a year ago.
Tsuburaya Fields Holdings Inc is a Japan-based company mainly engaged in the business related to game machines. The Company mainly plans, develops, manufactures, and maintains gaming machines, and plans and develops software for gaming machines. The Company is also engaged in the management and operation of fitness clubs, the leasing, management, trading and asset management of real estate, the planning and production of computer graphics, movies and television programs, as well as the planning, production and sales of character products.
Fields Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2018