Fundely Co.,Ltd. Reports Non-Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
October 30, 2017
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Fundely Co.,Ltd. reported non-consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of JPY 1,649 million against JPY 1,554 million a year ago. Operating income was JPY 331 million against JPY 247 million a year ago. Ordinary income was JPY 331 million against JPY 254 million a year ago. Profit was JPY 210 million or JPY 32.48 per basic share against JPY 160 million or JPY 24.84 per basic share a year ago. Profit before income taxes was JPY 331,897,000 against JPY 253,010,000 a year ago. Net cash provided by operating activities was JPY 144,170,000 against JPY 194,596,000 a year ago. Purchase of property, plant and equipment was JPY 2,837,000 against JPY 2,650,000 a year ago. Purchase of intangible assets was JPY 124,000 against JPY 5,297,000 a year ago.
For the fiscal year ending March 31, 2018, the non-consolidated company expects net sales to be JPY 3,640 million, operating income of JPY 681 million, ordinary income of JPY 436 million, profit of JPY 436 million and profit per share of JPY 68.54.
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 Six Months Ended September 30, 2017; Provides Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018