Alpha Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Year Ending August 31, 2018; Provides Dividend Guidance for the Year Ending August 31, 2018
April 11, 2018 at 03:09 pm EDT
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Alpha Co., Ltd. reported consolidated earnings results for the six months ended February 28, 2018. For the period, net sales were JPY 3,978 million against JPY 3,835 million a year ago. Operating income was JPY 189 million against JPY 167 million a year ago. Ordinary income was JPY 186 million against JPY 170 million a year ago. Net income attributable to owners of the parent was JPY 124 million or JPY 154.45 per share against JPY 112 million or JPY 139.45 per share a year ago.
For the year ending August 31, 2018, the company expects year-end dividend of JPY 70.00 per share against JPY 7.00 per share paid a year ago. The company conducted a 1-for-10 reverse stock split effective on March 1, 2018.
For the year ending August 31, 2018, on consolidated basis, the company expects net sales of JPY 7,700 million, operating income of JPY 260 million, ordinary income of JPY 260 million and net income attributable to owners of parent to be JPY 175 million or JPY 217.53 per share.
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. Reports Consolidated Earnings Results for the Six Months Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Year Ending August 31, 2018; Provides Dividend Guidance for the Year Ending August 31, 2018