Axial Retailing Inc. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 6, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
November 01, 2017 at 02:00 am
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Axial Retailing Inc. reported consolidated earnings results for the second quarter ended September 30, 2017. For the quarter, the company reported net sales of ¥115,790 million against ¥113,705 million a year ago. Operating income was ¥4,364 million against ¥4,806 million a year ago. Ordinary income was ¥4,426 million against ¥4,873 million a year ago. Profit attributable to owners of parent was ¥2,901 million against ¥3,207 million a year ago. Basic earnings per share were ¥124.31 against ¥137.40 per share a year ago.
For the year ending March 31, 2018, the company expects net sales of ¥231,000 million, operating income of ¥9,300 million, ordinary income of ¥9,300 million, profit attributable to owners of parent of ¥5,800 million or ¥248.47 per share.
For the second quarter, the company announced dividend of ¥20.00 per share against ¥20.00 per share a year ago. The dividend will be payable on December 6, 2017.
For the year, the company expects dividend of ¥48.00 per share against ¥48.00 per share a year ago.
Axial Retailing Inc. is a company mainly engaged in the operation of supermarkets. The Supermarket segment is engaged in the operation of supermarkets, the procurement and wholesale of merchandises sold in the supermarkets operated by the Company, as well as the manufacture and processing of foods sold in the supermarkets operated by the Company. The Others segment is engaged in the sanitary service, the operation of insurance agents specializing in the agency of insurance contract, the processing of information, the development of software, the preparation of advertisement leaflets and other prints, cargo handling operations and cleaning business, as well as the sale of automobile.
Axial Retailing Inc. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 6, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018