Takihyo Co., Ltd. Reports Consolidated Earnings Results for the Year Ended August 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2020; Announces Dividend for the Second Quarter 2020, Payable on October 28, 2019; Provides Dividend Guidance for the Year Ending February 28, 2020
September 29, 2019
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Takihyo Co., Ltd. reported consolidated earnings results for the year ended August 31, 2019. For the year, the company reported net sales of JPY 29,404 million against JPY 32,319 million a year ago. Operating profit was JPY 3 million against loss of JPY 121 million a year ago. Profit was JPY 80 million against loss of JPY 64 million a year ago. Earnings per share was JPY 8.65 against Loss per share were JPY 6.93 a year ago.
The company provided consolidated earnings guidance for the year ending February 29, 2020. For the fiscal year, the company expects net sales of JPY 66,800 million, operating profit of JPY 600 million, ordinary profit of JPY 600 million and Profit attributable to owners of parent of JPY 400 million or JPY 42.88 per share.
For the fiscal year ending February 28, 2020, the company expects dividend of JPY 20.00 per share compared to JPY 20.00 per share in 2019.
For the second quarter 2020, the company announced dividend of JPY 20.00 per share compared to JPY 20.00 per share in 2019, payable on October 28, 2019.
Takihyo Co., Ltd. is a Japan-based company mainly engaged in the planning, manufacture and sale of apparel and textile-related products. The Company operates through two business segments. The Apparel and Textiles business is engaged in the planning, manufacture and sale of ladies and babies clothing, and woolen textiles. It is also engaged in the production management, delivery date management and quality management of products, and export operations. It is also engaged in the delivery-related operations for sorting, packing, and shipping. It is also engaged in the manufacture of patterns and samples, and planning and sales of uniforms. The Leasing business is engaged in rental management of real estate, and leasing of office equipment. The Company is also engaged in the sale of synthetic resin and chemical products, and the operation of Komeda Coffee shop as a franchisee.
Takihyo Co., Ltd. Reports Consolidated Earnings Results for the Year Ended August 31, 2019; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2020; Announces Dividend for the Second Quarter 2020, Payable on October 28, 2019; Provides Dividend Guidance for the Year Ending February 28, 2020