Fujiya Co., Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2017; Provides Earnings Guidance for the Fiscal Year 2018
February 13, 2018
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Fujiya Co., Ltd. reported consolidated earnings results for the year ended December 31, 2017. For the year, the company reported net sales of JPY 105,915 million against JPY 104,400 million for the same period a year ago. Operating income was JPY 1,128 million against JPY 2,514 million for the same period a year ago.
The company provided earnings guidance for the fiscal year 2018. For the year 2018, the company expects net sales to be JPY 107,000 million and operating income to be JPY 2,300 million.
Fujiya Co., Ltd. is a Japan-based confectionery maker. The Company operates in two business segments. The Western Confectionery segment is involved in the production and sale of western-style confectionery, such as cakes, bakery products, desserts and ice creams, as well as the operation of cafes and restaurants. The Confectionery Production segment manufactures and sells confectionary food, such as chocolates, candies, biscuits, drinks and dairy products. The others business is engaged in the leasing and management of real estate properties, the contract business, the provision of outsourcing services, as well as the maintenance of food processing machinery.