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U-Next's Nine-Month Profit Slides 4.8%

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U-Next's (TYO:9418) profit attributable to owners of the parent fell 4.8% to 12.9 billion yen for the nine months ended May 31 from 13.6 billion yen a year earlier.

The store services and telecommunication firm's basic earnings per share declined to 71.63 yen from 75.22 yen a year ago, according to a Tokyo bourse filing on Monday.

Net sales jumped 17% to 332.3 billion yen for the period from 283.4 billion yen in the prior year.

For the full fiscal year ending Aug. 31, U-Next expects attributable profit of 18.5 billion yen, basic EPS of 102.57 yen and net sales of 424 billion yen.

U-Next Holdings plans to pay a year-end dividend of 8.5 yen per share for the current fiscal year.

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