Xebio Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months of Fiscal 2017; Provides Earnings Guidance for Fiscal 2018
February 08, 2018
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Xebio Co., Ltd. announced consolidated earnings results for the third quarter and nine months of fiscal 2017. For the nine months, the company reported net sales of JPY 176,614 million against JPY 168,456 million a year ago. Operating profit was JPY 10,365 million against JPY 6,954 million a year ago. Ordinary profit was JPY 10,830 million against JPY 6,660 million a year ago. Net profit was JPY 5,648 million against JPY 3,292 million a year ago. Capital expenditure was JPY 1,659 million.
For the quarter, the company reported net sales of JPY 59,825 million. Operating profit was JPY 3,372 million. Ordinary profit was JPY 3,509 million. Net profit was JPY 1,924 million.
For fiscal 2018, the company expects net sales of JPY 173,982 million, operating profit of JPY 8,319 million, ordinary profit of JPY 8,320 million and net profit of JPY 4,230 million.
XEBIO holding Co., Ltd., formerly XEBIO CO., LTD., is a Japan-based company mainly engaged in general retail business centered on sporting goods, utensils and clothing. It is also engaged in sports marketing business, product development business, credit card business and Website operation business. The sports business division operates sports specialty shops and golf specialty shop business, as well as casual clothing business. The fashion apparel division includes next business and X'tyle business. The Others operate sports glasses and sunglasses specialty stores and sports drug specialty shops. The company is also engaged in other businesses, such as marketing agent business, overseas contact service, research and development business, group corporate contract business.
Xebio Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months of Fiscal 2017; Provides Earnings Guidance for Fiscal 2018