KOMEDA Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018
January 10, 2018 at 01:30 am
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KOMEDA Holdings Co., Ltd. announced consolidated earnings results for the nine months ended November 30, 2017. For the nine months, the company reported revenue of JPY 19,080 million against JPY 17,637 million a year ago. Operating profit was JPY 5,317 million against JPY 5,196 million a year ago. Income before income taxes was JPY 5,232 million compared to JPY 5,021 million a year ago. Net income was JPY 3,602 million against JPY 3,364 million a year ago. Net income attributable to owners of the parent was JPY 3,602 million against JPY 3,364 million a year ago. Diluted earnings per share were JPY 78.90 against JPY 74.30 a year ago. Net cash provided by operating activities was JPY 3,533,501,000 against JPY 3,993,726,000 a year ago. Purchase of property, plant and equipment of JPY 578,139,000 against JPY 348,050,000 a year ago. Purchase of intangible assets was JPY 15,627,000 compared to JPY 7,010,000 a year ago.
For the fiscal year ending February 28, 2018, the company expects consolidated revenue of JPY 26,047 million, operating profit of JPY 7,243 million, income before income taxes of JPY 7,119 million, net income of JPY 4,876 million and net income attributable to owners of the parent of JPY 4,876 million or JPY 110.30 basic earnings per share.
KOMEDA Holdings Co., Ltd. is a Japan-based holding company engaged in the operation of chain coffee shops. The Company operates the franchise (FC) and other related business of coffee shops with a focus on wholesale for FC member stores of coffee shops. The franchise business is developed under the brands of Komeda Coffee Shop and Okagean. For FC members, the Company selects store openings based on surveys from original data, provides design and construction know-how for store buildings and interiors, teachs coffee shop management, manufactures and wholesales food ingredients, and subleases store buildings. The Company opens directly managed stores as training facilities and model stores for FC member stores. The Company also owns the brands of Shiro Coppe and Komeda Stand.
KOMEDA Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018