Amagasa Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended January 31, 2017; Provides Earnings Guidance for the First Half of Ending July 2017 and Full Year Ending January 2018; Announces Dividend for Fiscal 2017, Payable on April 28, 2017
March 09, 2017
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Amagasa Co. Ltd. announced consolidated and non-consolidated earnings results for the year ended January 31, 2017. For the year, on consolidated basis, the company reported net sales of JPY 6,569 million compared to JPY 7,269 million a year ago. Operating loss was JPY 79 million compared to operating income of JPY 185 million a year ago. Loss attributable to owners of the parent was JPY 436 million compared to profit of JPY 46 million a year ago. Net loss per share - basic was JPY 234.06 compared to JPY 25.17 earnings per share a year ago. Net asset per share was JPY 867.59 against JPY 1,129.18 a year ago. Cash flows from operating activities were JPY 21 million compared to JPY 130 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 6,564 million compared to JPY 7,269 million a year ago. Operating loss was JPY 73 million compared to operating income of JPY 189 million a year ago. Loss was JPY 432 million compared to profit of JPY 52 million a year ago. Net income per share was JPY 28.06 compared to JPY 67.04 a year ago. Net asset per share was JPY 831.47 against JPY 1,085.38 a year ago.
The company provided earnings guidance for the first half of ending July 2017 and full year ending January 2018. For the year ending January 2018, the company expects net sales of JPY 6,741 million, operating income of JPY 89 million, ordinary income of JPY 69 million and profit attributable to owners of the parent of JPY 37 million or JPY 20.2 per share.
For the first half ending July 2017, the company expects net sales of JPY 3,539 million, operating income of JPY 89 million, ordinary income of JPY 79 million and profit attributable to owners of the parent of JPY 42 million or JPY 22.66 per share.
For 2016, the company announced year ended dividend of JPY 16.00 per share against JPY 16.00 per share paid a year ago. The dividend is payable on April 28, 2017.
The company provided dividend guidance for the year ending January 2017. For the year, the company expects to pay a dividend of JPY 16.00 per share compared to JPY 16.00 per share for 2016.
AMAGASA Co.,Ltd. is a Japan-based company engaged in the planning and sales of womenâs shoes. The Company is mainly engaged in the design, planning, wholesaling and retail of womenâs casual shoes targeted at women from twenties to thirties. It operates through three business segments. The Wholesale segment engages in wholesale business to shoe and clothing specialty stores and mass merchandisers. The Retail segment engages in sales of shoes in its specialty stores and department stores. The E-commerce segment engages in sales of shoes at its online shops and mail order sites. Its major brand is JELLY BEANS.
Amagasa Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended January 31, 2017; Provides Earnings Guidance for the First Half of Ending July 2017 and Full Year Ending January 2018; Announces Dividend for Fiscal 2017, Payable on April 28, 2017
AMAGASA CO., LTD. 
