SD Entertainment Inc. Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2017; Reports Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Second Quarter Ending September 2016 and Year Ending March 2017
August 12, 2016 at 11:30 am EDT
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SD Entertainment Inc. expects to pay a year end dividend of JPY 5.84 per share for the fiscal year ending March 31, 2017.
The company reported earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 1,994 million compared to JPY 1,711 million a year ago. Operating loss was JPY 2 million compared to operating income of JPY 2 million a year ago. Ordinary loss was JPY 31 million compared to JPY 31 million a year ago. Loss attributable to owners of parent was JPY 65 million compared to JPY 65 million a year ago. Basic loss per share was JPY 8.89 compared to basic earnings per share of JPY 7.59 a year ago.
The company provided earnings guidance for the second quarter ending September 2016 and year ending March 2017. For the quarter, the company expects net sales of JPY 4,250 million, operating income of JPY 40 million, ordinary loss of JPY 30 million and loss attributable to owners of parent of JPY 60 million or JPY 6.91 per share.
For the year ending March 2017, the company expects net sales of JPY 8,890 million, operating income of JPY 340 million, ordinary income of JPY 210 million, profit attributable to owners of parent net income of JPY 170 million and or JPY 19.59 per share.
SD ENTERTAINMENT,Inc. is a Japan-based company mainly engaged in the entertainment business, wellness business and others. The Company operates through two business segments. The Entertainment segment is involved in the operation of Dinos Park, which is a large-scale and single-medium-sized store in a large complex, the operation of bowling golf bar and cinema complex in the large-scale complex, as well as the leasing of land and buildings. The Wellness segment is involved in the operation of fitness club and others, the management of company-led childcare, as well as the operation of nursing care business. The Company is also involved in the telecommunications telemarketing business, office supplies business and software sales business.
SD Entertainment Inc. Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2017; Reports Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Second Quarter Ending September 2016 and Year Ending March 2017
SD ENTERTAINMENT,INC. 
