TV Asahi Corp. reported consolidated and non-consolidated earnings results for the year ended March 31, 2013. For the year, on consolidated basis, the company reported net sales of ¥253,774 million, operating income of ¥13,415 million, recurring profit of ¥15,708 million, extraordinary losses of ¥1,643 million, income before income taxes and minority interests of ¥14,065 million, and net income of ¥9,030 million compared to net sales of ¥239,845 million, operating income of ¥10,462 million, recurring profit of ¥13,124 million, extraordinary losses of ¥88 million, income before income taxes and minority interests of ¥13,219 million, and net income of ¥7,496 million for the same period a year ago. Net cash provided by operating activities was ¥19,539 million compared with ¥11,148 million a year ago. Purchase of tangible assets was ¥10,235 million compared with ¥16,746 million a year ago. Purchase of intangible assets was ¥1,383 million compared with ¥1,629 million a year ago. For the year, on non-consolidated basis, the company reported net sales of ¥217,662 million, operating income of ¥8,619 million, recurring profit of ¥10,624 million, extraordinary losses of ¥1,612 million, income before income taxes of ¥9,012 million, and net income of ¥6,330 million compared to net sales of ¥205,235 million, operating income of ¥6,101 million, recurring profit of ¥7,180 million, extraordinary losses of ¥587 million, income before income taxes of ¥7,380 million, and net income of ¥4,279 million for the same period a year ago. For the second quarter ending September 30, 2013, on consolidated basis, the company expects net sales of ¥128,500 million, operating income of ¥6,500 million, recurring profit of ¥7,500 million, and net income of ¥4,300 million. For the second quarter ending September 30, 2013, on non-consolidated basis, the company expects net sales of ¥107,800 million, operating income of ¥3,600 million, recurring profit of ¥5,700 million, and net income of ¥3,800 million. For the year ending March 31, 2014, on consolidated basis, the company expects net sales of ¥260,000 million, operating income of ¥14,000 million, recurring profit of ¥15,500 million, net income of ¥9,500 million, capital expenditure of ¥20.4 billion, and depreciation and amortization of ¥9.9 billion. For the year ending March 31, 2014, on non-consolidated basis, the company expects net sales of ¥222,000 million, operating income of ¥8,800 million, recurring profit of ¥11,000 million, net income of ¥7,300 million, capital expenditure of ¥19.2 billion, and depreciation and amortization of ¥9.3 billion.

TV Asahi Corp., 2013 Earnings Call, May 10, 2013

TV Asahi Corp. announced that they will report fiscal year 2013 results on Apr 30, 2013