Pepper Food Service Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the First Six Months Ending June 30, 2019
June 28, 2019 at 06:09 am
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Pepper Food Service Co., Ltd. revised consolidated and non-consolidated earnings guidance for the first six months ending June 30, 2019. For the period, on consolidated basis, net sales of ¥34,952 million compared to previous forecast of ¥42,187 million. Operating income of ¥278 million compared to previous forecast of ¥1,867 million. Net income attributable to shareholders of the parent company of ¥453 million compared to previous forecast of ¥1,069 million. Net income per share of ¥21.74 compared to previous forecast of ¥51.21.
For the year ending December 31, 2019, on consolidated basis, the company revised net sales of ¥76,423 million compared to previous forecast of ¥93,562 million. Operating income of ¥2,061 million compared to previous forecast of ¥5,594 million. Net income attributable to shareholders of the parent company of ¥1,529 million compared to previous forecast of ¥3,493 million. Net income per share of ¥73.38 compared to previous forecast of ¥167.33.
For the period, on non-consolidated basis, net sales of ¥34,567 million compared to previous forecast of ¥41,464 million. Net income was ¥453 million compared to previous forecast of ¥1,427 million. Net income per share of ¥21.74 compared to previous forecast of ¥68.56.
For the year ending December 31, 2019, on non-consolidated basis, the company revised net sales of ¥75,661 million compared to previous forecast of ¥92,311 million. Net income was ¥1,529 million compared to previous forecast of ¥3,939 million. Net income per share of ¥73.38 compared to previous forecast of ¥189.22.
Pepper Food Service Co Ltd is a Japan-based company mainly engaged in the operation of restaurants. The Company operates through four business segments. The Ikinari! Steak Business segment is engaged in the operation of charcoal-grilled steak restaurant Ikinari! Steak, operated directly by the group, a franchise, or a consignment business. The Pepper Lunch Business segment has three businesses: franchise business, direct management business and consignment business. It operates stores such as Pepper Lunch, Pepper Lunch Diner, 92's and food court type Charcoal-grilled Hamburg Steak Kuni, Tokyo 634 Burg, Musashi Hamburg. The Restaurant Business segment operates custom-cut steak restaurants, tonkatsu stores, beef tongue restaurants and others as a direct management, franchise and consignment business of the group. The Product Sales Business segment sells ingredients such as tonkatsu sauce, frozen pepper rice, dressing, and lux ham, as well as chopsticks.
PEPPER FOOD SERVICE CO., LTD. 
