USJ Co., Ltd. Reports Third Quarter Net Income Increases 63.6%; Shareholders' Benefit Plan Launched
November 1, 2014     Japanese 
  JCN 
	  Network - Home
JCN Newswire
  Home  |  Companies  | Annual Reports  |  CSR  | News Alerts     
 
USJ Co., Ltd. Reports Third Quarter Net Income Increases 63.6%; Shareholders' Benefit Plan Launched - JCN Newswire
Share:
USJ Co., Ltd. Reports Third Quarter Net Income Increases 63.6%; Shareholders' Benefit Plan Launched

Tokyo, Feb 14, 2008 - (JCN Newswire) - USJ Co., Ltd. (TSE: 2142), the operating company of Universal Studios Japan theme park, announced the financial results for the nine-month period ending December 31, 2007 and launched a Shareholders' Benefit Plan.

Throughout the first three quarters of the fiscal year, the Company's attendance was driven by the continued popularity of the sensational Hollywood Dream The Ride roller coaster which opened in March 2007, and its first family-oriented carousel Magical Oz-Go-Round which opened in July 2007. In addition special events such as the summer-time water and character parade, Halloween and Christmas, continued to drive attendance.

As a result, the Company achieved sales of JPY 57,751 million (up 2.9% from the same period of the previous year), operating income of JPY 8,844 million (up 20.8%), ordinary income of JPY 8,054 million (up 34.5%), and net income of JPY 7,989 million (up 63.6%).

The Company is not currently modifying its forecast for the full year announced on November 8, 2007, considering seasonality factors which may affect our results in the fourth quarter.

In addition, the Company is announcing a Shareholders' Benefit Plan in its continued commitment to return value to its shareholders. Shareholders who hold 10 shares and over will be provided with complimentary pass tickets (one-day Studio Pass) based on a sliding scale, and shareholders who hold less than 10 shares will be provided discount coupons for pass tickets based on a sliding scale. The Shareholders' Benefit Plan is designed to attract and retain long-term shareholders, and to provide opportunities for these shareholders to be better acquainted with the theme park and the Company's business.

Operating Results for the nine-month period ended December 31, 2007
(millions of yen) ------------------------------------------------------------------------ April-Dec, April-Dec, April 1, 2006- 2007 2006 Change March 31, 2007 ------------------------------------------------------------------------ Sales 57,751 56,140 +1,611 72,062 ------------------------------------------------------------------------ Operating Income 8,844 7,321 +1,522 7,283 ------------------------------------------------------------------------ Ordinary Income 8,054 5,988 +2,066 5,273 ------------------------------------------------------------------------ Net Income 7,989 4,883 +3,106 3,793 ------------------------------------------------------------------------ Net Income/Share (y) 3,703.64 2,555.16 1,973.91 ------------------------------------------------------------------------ For full financial results as well of details of the Shareholders' Benefit Plan, please visit the USJ IR site at http://www.usj.co.jp/company/company_e/

About USJ Co., Ltd.

USJ Co., Ltd. (TSE: 2142), headquartered in Osaka, Japan, is engaged in the operation and related businesses of Universal Studios Japan theme park. Universal Studios Japan is a theme park focusing on movies and characters from Hollywood. The theme park offers various entertainments including parades, shows, events, as well as rides and interactive attractions. It sells merchandises in stores located mainly in the theme park, as well as foods and beverages in restaurants located in the theme park. For more information, please visit www.usj.co.jp .

Contact:

USJ Co. Ltd.
Investor Relations
Ayami Hiruma
Tel: +81-6-6465-3134
Fax: +81-6-6465-3534 
E-mail: Ayami_Hiruma@usjc.co.jp 
URL  http://www.usj.co.jp 
 


Feb 14, 2008
Source: USJ Co., Ltd.

USJ Co., Ltd. (TSE: 2142)

From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
View more news from these Sectors: Consumers, Consumers


 
CSR Report Download
Annual Reports

  More >>    
Most Popular


About JCN | Privacy Policy | Terms of Use | JCN Network (日本語)