Digital Arts, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
Digital Arts, Inc. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥3,518 million against ¥2,747 million a year ago. Operating income was ¥1,145 million against ¥604 million a year ago. Ordinary income was ¥1,134 million against ¥610 million a year ago. Net income attributable to owners of parent was ¥693 million or ¥49.66 per share diluted against ¥360 million or ¥25.82 per share diluted a year ago. Income before income taxes was ¥1,133,290,000 against ¥616,377,000 a year ago.
For the year ending March 31, 2017, the company expects net sales of ¥4,600 million, operating income of ¥1,400 million, ordinary income of ¥1,400 million, net income attributable to owners of parent of ¥870 million or ¥62.49 per share.