Komehyo Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2019
August 09, 2018
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Komehyo Co.,Ltd. announced consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net sales of JPY 11,271 million as compared to JPY 9,849 million a year ago. Operating income was JPY 329 million as compared to JPY 173 million a year ago. Ordinary income was JPY 329 million as compared to JPY 185 million a year ago. Net income attributable to owners of parent was JPY 211 million as compared to JPY 100 million a year ago. Basic earnings per share were JPY 19.27 as compared to JPY 9.15 a year ago.
The company provided consolidated earnings guidance for the first half and full year ending March 31, 2019. For the first half of fiscal year 2019, the company expects net sales of JPY 22,900 million, operating income of JPY 475 million, ordinary income of JPY 475 million, net income attributable to owners of parent of JPY 300 million and basic earnings per share of JPY 27.38.
For the fiscal year 2019, the company expects net sales of JPY 50,000 million, operating income of JPY 1,900 million, ordinary income of JPY 1,900 million, net income attributable to owners of parent of JPY 1,200 million and basic earnings per share of JPY 109.52.
Komehyo Holdings Co Ltd, formerly Komehyo Co Ltd, is a Japan-based company mainly engaged in the brand fashion business, the tire and wheel business and other business. The Company operates in two business segments. The Brand Fashion segment is involved in the purchase, sale, brokerage and auction management of new and used jewelry products, precious metals, watches, bags, clothing, kimono, cameras, musical instruments and others, as well as the sale of apparels, sneakers and shoe care products. The Tire and Wheel segment is involved in the planning, research, development, manufacture and sale of tires and wheels for passenger cars, automobile supplies and parts. The Company is also engaged in the leasing of real estate properties.
Komehyo Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2019