Ryohin Keikaku Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended May 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal 2019
July 03, 2018
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Ryohin Keikaku Co., Ltd. announced consolidated and non-consolidated earnings results for the first quarter ended May 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of JPY 106,521 million compared to JPY 97,135 million a year ago. Net sales were JPY 106,307 million compared to JPY 96,975 million a year ago. Operating profit before S.G. A was JPY 53,525 million compared to JPY 47,902 million a year ago. Operating profit was JPY 13,319 million compared to JPY 11,867 million a year ago. Ordinary profit was JPY 13,449 million compared to JPY 11,522 million a year ago. Net income was JPY 9,542 million compared to JPY 7,841 million a year ago. Return on equity (ROE) was 5.5% against 5.2% a year ago. Return on assets (ROA) was 5.7% against 5.4% a year ago. Earnings per share were JPY 363.66 against JPY 297.73 for the same period a year ago. Income before tax was JPY 13,420 million compared to JPY 11,510 million a year ago.
For the quarter, on non-consolidated basis, the company reported revenue from operations of JPY 80,384 million compared to JPY 74,762 million a year ago. Net sales were JPY 78,505 million compared to JPY 73,073 million a year ago. Operating profit before S.G. A was JPY 34,733 million compared to JPY 32,086 million a year ago. Operating profit was JPY 9,699 million compared to JPY 9,128 million a year ago. Ordinary profit was JPY 13,239 million compared to JPY 9,564 million a year ago. Net income was JPY 11,204 million compared to JPY 6,716 million a year ago. Return on equity (ROE) was 8.4% against 5.7% a year ago. Return on assets (ROA) was 7.7% against 6.1% a year ago. Earnings per share were JPY 426.99 against JPY 255.02 a year ago.
The company provided consolidated earnings guidance for the first half and full year of fiscal 2019. For the first half year, the company expects to report consolidated revenue from operations of JPY 203,500 million, net sales of JPY 203,100 million, operating profit before S.G. A of JPY 102,100 million, operating profit of JPY 23,500 million, ordinary profit of JPY 23,700 million and net income of JPY 16,100 million.
For the year 2019, the company expects to report consolidated revenue from operations of JPY 424,300 million, net sales of JPY 423,500 million, operating profit before S.G. A of JPY 213,400 million, operating profit of JPY 50,000 million, ordinary profit of JPY 50,300 million, net income of JPY 33,300 million and income before tax of JPY 50,100 million.
RYOHIN KEIKAKU CO., LTD. is a Japan-based company mainly engaged in sale of products under the brands of Mujirushi Ryohin and MUJI. The Company has four segments including Domestic segment, East Asia segment, Europe and Americas segment as well as Southwest Asia and Oceania segment. The Domestic segment is engaged in sale and supplement, the operation of camp sites, house sale and distribution processing business. The rest three overseas segments are mainly engaged in sale business. Other business includes products procurement of MUJI brand. On Mujirushi Ryohin brand and MUJI brand, the main business includes design, development, procurement, distribution and processing of products, retailing business at directly managed stores and supply of products to business partners who operate specialty stores of Mujirushi and MUJI brands. The Company is also involved in food and beverage sale under Cafe&Meal MUJI brand, the operation of camp sites, sale of houses and sale of IDEE brand products.
Ryohin Keikaku Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended May 31, 2018; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal 2019