WOWOW INC. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
WOWOW INC. announced consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of ¥40,204 million, operating profit of ¥5,824 million, ordinary profit of ¥6,211 million, profit attributable to owners of parent of ¥4,285 million or ¥158.77 per share compared to net sales of ¥39,240 million, operating profit of ¥5,173 million, ordinary profit of ¥5,529 million, profit attributable to owners of parent of ¥3,827 million or ¥141.81 per share a year ago. Profit before income taxes was ¥6,183 million compared to ¥5,505 million a year ago. Net cash provided by operating activities of ¥3,306 million compared to ¥4,466 million a year ago. Purchase of property, plant and equipment was ¥356 million against ¥344 million a year ago. Purchase of intangible assets was ¥357 million against ¥405 million a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of ¥82,500 million, operating profit of ¥9,000 million, ordinary profit of ¥9,400 million and profit attributable to owners of parent of ¥6,500 million or ¥240.82 per share.