Seria Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2016
January 29, 2016 at 10:00 am
Share
Seria Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 97,742 million against JPY 88,916 million for the same period in the last year. Operating income was JPY 8,974 million against JPY 8,128 million for the same period in the last year. Ordinary income was JPY 9,010 million against JPY 8,274 million for the same period in the last year. Net income was JPY 5,815 million against JPY 5,138 million for the same period in the last year. Net income per share was JPY 153.35 against JPY 135.51 for the same period in the last year.
The company provided earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales of JPY 129,200 million, operating income of JPY 11,000 million, ordinary income of JPY 11,000 million, net income of JPY 7,200 million and net income per share of JPY 189.87.
The company provided dividend guidance for the full year ending March 31, 2016. For the year, the company expects to pay a year-end dividend of JPY 30.00 per share against JPY 25.00 per share for the same period in the last year.
Seria Co Ltd. is a Japan-based discount retailer of general merchandise that sells products at a single price of 100 yen. The Company is involved in the retail of consumer products through stores, as well as the wholesale of products to franchisees, big clients and overseas agents. The Company offers daily miscellaneous goods such as make-up goods, kitchen supplies, eating utensils, washing and bathing goods, sanitary products, cleaning substances, cosmetics, accessories, sewing goods, stationery, toys, character goods, gardening goods, health products, hygiene products, clothes, cleaning products, storage goods, tools, umbrellas, electrical appliances, pet goods, interior goods, outdoor products and seasonal products, among others. It also provides sweet stuff including instant foods, seasonings, canned food, noodles, rice, confectionery, drinks, bakery products, sweets and others.
Seria Co. Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2016
SERIA CO., LTD. 
