G-7 Holdings, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance and Dividend Guidance for the Fiscal Year Ending March 31, 2018
January 30, 2018
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G-7 Holdings Inc. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of $797,285,865 against $714,945,489 a year ago. Operating income was $31,459,288 against $26,431,453 a year ago. Ordinary income was $33,230,525 against $27,255,558 a year ago. Profit attributable to owners of parent was $21,113,853 against $16,044,296 a year ago. Basic earnings per share were $1.744 against $1.325 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the period, the company expects net sales of $1,037,187,170, operating income of $36,129,714, ordinary income of $37,892,140, profit attributable to owners of parent of $19,386,676 and basic earnings per share of $1.601.
The company expected to pay year-end dividend of $0.220 per share for the fiscal year ending March 31, 2018 compared to paid dividend of $0.294 per share for the same period last year.
G-7 HOLDINGS Inc. is a Japan-based company mainly engaged in the sale of automobile and motorcycle-related goods and parts, the purchase and sale of new and used automobiles and motorcycles, the sale of food and miscellaneous goods, the wholesale of selected food, the direct sale of agricultural products, the purchase and sale of recycle goods, as well as the operation of real estate rental business. The Company operates in three business segments. The Autobacs and Vehicle-Related segment is engaged in the sale of automobiles and motorcycles, as well as the related parts and supplies. The Business Supermarket and Specialty Food segment is engaged in the sale of frozen and processed food products, as well as the wholesale of selected food products. The Other segment is involved in the direct sales of agricultural products, the purchase and sale of recycle goods, as well as the leasing of real estate.
G-7 Holdings, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance and Dividend Guidance for the Fiscal Year Ending March 31, 2018
G-7 HOLDINGS INC. 
