Autobacs Seven Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
January 29, 2018
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Autobacs Seven Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 164,609 million against JPY 160,687 million a year ago. Operating income was JPY 7,390 million against JPY 6,159 million a year ago. Ordinary income was JPY 8,450 million against JPY 7,111 million a year ago. Profit attributable to owners of parent was JPY 5,296 million against JPY 4,650 million a year ago. Basic net income per share was JPY 64.19 against JPY 55.35 a year ago. Profit before income taxes was JPY 7,959 million against JPY 7,111 million a year ago.
The company provided dividend guidance for the fiscal year ending March 31, 2018. The company expects to pay a year-end dividend of JPY 30.00 per share compared with JPY 30.00 per share for the fiscal year ended March 31, 2017.
The company provided earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 205,000 million, operating income of JPY 7,000 million, ordinary income of JPY 7,500 million, profit attributable to owners of parent of JPY 5,200 million, and JPY 63.02 per basic share.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.
Autobacs Seven Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
AUTOBACS SEVEN CO., LTD. 
