Bic Camera Inc. Reports Consolidated Earnings Results for the Three Months Ended November 30, 2015; Provides Dividend Guidance for the Second Quarter of Fiscal 2016 and Full Year Ending August 31, 2016; Provides Earnings Guidance for the First Half of Fiscal 2016 and Full Year of Fiscal Ending August 31, 2016
January 13, 2016 at 10:00 am
Share
Bic Camera Inc. reported consolidated earnings results for the three months ended November 30, 2015. For the period, the company reported net sales of JPY 180,387 million against JPY 183,420 million a year ago. Operating income was JPY 3,195 million against JPY 2,353 million a year ago. Ordinary income was JPY 3,385 million against JPY 1,987 million a year ago. Net income attributable to owners of parent was JPY 2,065 million or JPY 11.01 per diluted share against JPY 1,392 million or JPY 7.41 per diluted share a year ago.
The company provided earnings guidance for the first half of fiscal 2016 and full year of fiscal year ending August 31, 2016. For the first half, the company expects net sales of JPY 407,000 million, operating income of JPY 9,100 million, ordinary income of JPY 9,300 million and net income attributable to owners of the company of JPY 5,100 million or JPY 28.04 per share.
For the fiscal year ending August 31, 2016, the company expects net sales of JPY 820,000 million, operating income of JPY 21,200 million, ordinary income of JPY 21,300 million and net income attributable to owners of the company of JPY 11,800 million or JPY 64.88 per share.
For the second quarter of fiscal year ending August 31, 2016, the company expects to pay dividend of JPY 5.00 per share.
For the fiscal year ending August 31, 2016, the company expects to pay dividend of JPY 5.00 per share.
BIC CAMERA INC. is a Japan-based company engaged in the sale of goods such as audio-visual products, home appliances and information communication equipment products. Audio-visual products include cameras, televisions, recorder & video cameras, as well as audio products, among others. Home appliances include refrigerators, washing machines, cooking appliances, seasonal appliances, and beauty appliances. Information communication equipment products include personal computers, personal computer peripherals, computer software, and mobile phones. The Company also sells watches, second-hand computers, sporting goods, toys, glasses, contact lenses, alcoholic beverages, food, drinks, pharmaceuticals, as well as daily necessities. The Company is also involved in the broadcasting business, the logistics business, the recycling & reuse business, the communication service agency business, as well as the planning and sale of security equipment products.
Bic Camera Inc. Reports Consolidated Earnings Results for the Three Months Ended November 30, 2015; Provides Dividend Guidance for the Second Quarter of Fiscal 2016 and Full Year Ending August 31, 2016; Provides Earnings Guidance for the First Half of Fiscal 2016 and Full Year of Fiscal Ending August 31, 2016
BIC CAMERA INC. 
