Treasure Factory Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2016; Provides Earnings Guidance for the Year 2017; Announces Dividend for the Second Quarter of Fiscal Year 2017; Provides Dividend Guidance for the Year 2017
January 12, 2017 at 01:40 pm
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Treasure Factory Co. Ltd. reported consolidated earnings results for the nine months ended November 30, 2016. For the period, the company reported net sales of ¥9,334 million, operating income of ¥588 million, ordinary income of ¥604 million, net income of ¥383 million or ¥34.71 per share. Profit before income taxes was ¥602,619,000. Diluted earnings were ¥33.70 per share.
For the second quarter of fiscal 2017, the company announced dividend of ¥8.00 against ¥5.50 per share.
For the fourth quarter, the company expects to dividend of ¥8.00 per share against ¥7.50 per share a year ago.
For the year, the company expects net sales of ¥13,680 million, operating income of ¥998 million, ordinary income of ¥1,023 million, net income of ¥639 million or ¥57.92 per share.
Treasure Factory Co.,LTD. is a Japan-based company mainly engaged in the operation of reuse shop. The Companyâs main products are second-hand goods that are reused items, including clothing, home appliances, furniture, household goods, branded goods, sports and outdoor goods, musical instruments, hobby goods, among others. The Company operates through six store formats. Treasure Factory handles a variety of reused items. Trefaku Style specializes in clothing and accessories. Brand Collect specializes in used brand clothing. Trefuf Sports specializes in sports outdoor equipment. Uselet specializes in low-cost clothing and accessories and Trefaku Market is a suburban large-scale store that mainly handles home appliances and furniture. The Company is also involved in the sale of products through the internet.
Treasure Factory Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2016; Provides Earnings Guidance for the Year 2017; Announces Dividend for the Second Quarter of Fiscal Year 2017; Provides Dividend Guidance for the Year 2017