Alpha Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended May 31, 2019; Provides Earnings Guidance for the Year Ending August 31, 2019; Provides Dividend Guidance for the Year Ending August 31, 2019
July 11, 2019 at 10:31 am EDT
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Alpha Co., Ltd. announced consolidated earnings results for the nine months ended May 31, 2019. For the period, the company reported net sales were JPY 5,472 million against JPY 5,790 million a year ago. Operating income was JPY 110 million against JPY 197 million a year ago. Net income attributable to owners of parent was JPY 81 million against JPY 125 million a year ago. Net income per share was JPY 101.35 against JPY 156.16 a year ago.
The company provided earnings guidance for the year ending August 31, 2019. For the year, the company expects the net sales of JPY 7,700 million, operating income of JPY 230 million, net income attributable to owners of parent of JPY 145 million and net income per share of JPY 180.29.
The company expects to pay dividend of JPY 60.00 per share for the year ending August 31, 2019 against JPY 60.00 per share paid a year ago.
Alpha Co Ltd is a Japan-based general sales promotion company. The Company is engaged in the plan, manufacture, and sale of all kinds of advertising and decorations related to sales promotion advertisements that are installed at and inside stores for the purpose of sales promotion by users, mainly retailers such as supermarkets and electronics stores. Among these, the Company mainly deals with sales promotion tools (POP advertisements) that focuses on the moment when a general consumer makes a purchase at a store. There are many different forms of POP advertising, such as posters, banners, decorations, and event goods, but they can instantly convey the points that the seller wants to appeal, such as the seasonality and revitalization of the store, the characteristics and prices of the products. The main purpose is to convey information to consumers clearly, and to connect them to customer attraction and purchasing behavior. The Company also operates the POP creation application.
Alpha Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended May 31, 2019; Provides Earnings Guidance for the Year Ending August 31, 2019; Provides Dividend Guidance for the Year Ending August 31, 2019