Fundely Co., Ltd. Reports Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020
July 30, 2019
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Fundely Co.,Ltd. reported non-consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 908 million against JPY 819 million a year ago. Operating profit was JPY 169 million against JPY 150 million a year ago. Ordinary profit was JPY 169 million against JPY 150 million a year ago. Profit was JPY 107 million or JPY 16.90 per share and JPY 16.69 per diluted share against JPY 96 million or JPY 15.06 per share and JPY 14.86 per diluted share a year ago.
For the six months ending September 30, 2019 and for the year ending March 31, 2020. For the six months ending September 30, 2019, the non-consolidated company expects net sales to be JPY 1,874 million, operating profit of JPY 360 million, ordinary profit of JPY 358 million, profit of JPY 229 million and profit per share of JPY 35.97.
For the year ending March 31, 2020, the non-consolidated company expects net sales to be JPY 4,802 million, operating profit of JPY 934 million, ordinary profit of JPY 783 million, profit of JPY 501 million and profit per share of JPY 78.52.
Fundely Co., Ltd. is a Japan-based company mainly engaged in the medical food delivery (MFD) business and the marketing business. The Company operates through two business segments. The MFD segment is mainly engaged in the home delivery of healthy food through mail-order sales, and the issuing of health food mail-order catalogs. The Marketing segment is mainly engaged in the sale of catalog magazines advertising frame, the business contract of sampling products, as well as the operation of healthy diet recipe information sites through the networks of the Company owned media and other medical institutions.
Fundely Co., Ltd. Reports Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months Ending September 30, 2019 and Year Ending March 31, 2020