Fields Corporation Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
May 08, 2017
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Fields Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the period, on consolidated basis, the company's net sales were ¥76,668 million against ¥94,476 million a year ago. Operating loss was ¥5,374 million against income of ¥1,411 million a year ago. Ordinary loss was ¥9,068 million against income of ¥1,380 million a year ago. Net loss attributable to owners of parent was ¥12,483 million against income of ¥118 million a year ago. Net loss per share was ¥376.19 against net income per share of ¥3.58 a year ago. Negative return on equity was 25.1% against return on equity of 0.2% a year ago. Cash flow used in operating activities was ¥7,319 million against cash flow from operating activities of ¥13,353 million a year ago. Loss before income taxes and minority interests were ¥10,517 million against income of ¥901 million a year ago. Purchases of tangible fixed assets were ¥559 million against ¥946 million a year ago. Purchases of intangible fixed assets were ¥370 million against ¥848 million a year ago. Net assets per share were ¥1,272.48 against ¥1,726.88 a year ago.
For the period, on non-consolidated basis, the company's net sales were ¥64,155 million against ¥83,829 million a year ago. Operating loss was ¥5,685 million against income of ¥353 million a year ago. Ordinary loss was ¥5,213 million against income of ¥1,401 million a year ago. Net loss attributable to owners of parent was ¥13,559 million against ¥137 million a year ago. Net loss per share was ¥408.63 against ¥4.13 a year ago.
For the year ending March 31, 2018, the company expects net sales to be in the range of ¥82,000 million-85,000 million, operating income to be in the range of ¥1,000 million-2,000 million, ordinary income to be ¥2,000 million, net income attributable to owners of parent to be ¥1,000 million and net income per share to be ¥30.14.
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 and Non-Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018