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3931 — VALUE GOLF News Story

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Table: Value Golf -9-MTH group results

Dec 15 (Reuters)-  
             Value Golf Inc.  
             CONSOLIDATED FINANCIAL HIGHLIGHTS  
     (in billions of yen unless specified)                 
                   9 months ended      9 months ended       Year to  
                  Oct 31, 2016        Oct 31, 2015     Jan 31, 2017  
                     LATEST             YEAR-AGO          LATEST     
                     RESULTS             RESULTS         FORECAST    
  Sales              979 mln             716 mln           1.67      
                   (+36.7 pct)                          (+67.2 pct)  
  Operating          52 mln              71 mln           100 mln    
                   (-26.8 pct)                          (-22.5 pct)  
  Recurring          47 mln              68 mln           104 mln    
                   (-31.7 pct)                          (-19.2 pct)  
  Net                22 mln              39 mln           65 mln     
                   (-42.7 pct)                          (+30.1 pct)  
  EPS               13.54 yen           29.31 yen        38.01 yen   
  EPS Diluted       13.12 yen                                        
  Ann Div                                  NIL              NIL      
  -Q2 div              NIL                 NIL                       
  -Q4 div                                  NIL              NIL      
   
  NOTE - Value Golf Inc..  
  To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=3931.T 
  ((Tokyo Headline News Desk +813 6441 1812))

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