Sansan's Nine-Month Profit Soars 142%

MT Newswires Live04-10

Sansan's (TYO:4443) profit attributable to owners of the parent soared 142% to 4.11 billion yen for the nine months ended Feb. 28 from 1.70 billion yen a year earlier.

The software company's earnings per share increased to 32.13 yen from 13.21 yen a year ago, according to a Tokyo bourse filing on Friday.

Net sales jumped 26% to 39.3 billion yen from 31.1 billion yen in the prior year.

In a separate filing, Sansan raised the lower end of its full-year net sales forecast to 53.6 billion yen from 52.7 billion yen initially, and its adjusted operating profit forecast to 8.04 billion yen from 6.85 billion yen, reflecting steady business progress through the third quarter.

As such, for the fiscal year ending May 31, the company now expects net sales of 53.6 billion to 54 billion yen and adjusted operating profit of 8.04 billion to 8.64 billion yen, as it refrained from providing a specific 'concrete' forecast.

Sansan does not plan to pay any interim or year-end dividends for the current year, similar with the year before.

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