Yokohama Reito Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2017
November 13, 2016
Share
Yokohama Reito Co., Ltd. reported consolidated earnings results for the year ended September 30, 2016. For the year, the company reported net sales of JPY 148,609 million against JPY 154,767 million a year ago. Operating income was JPY 5,169 million against JPY 3,874 million a year ago. Ordinary income was JPY 5,342 million against JPY 4,039 million a year ago. Income before income taxes was JPY 4,725 million against JPY 4,039 million a year ago. Profit attributable to owners of the parent was JPY 2,932 million against JPY 2,517 million a year ago. Net cash provided by operating activities was JPY 6,138 million against JPY 4,189 million a year ago. Purchase of property, plant and equipment was JPY 11,166 million against JPY 7,318 million a year ago.
For the fiscal year ending September 30, 2017, the company forecasts consolidated net sales of JPY 165,000 million, a 11.0% increase over the previous fiscal year, operating income of JPY 5,700 million, up 10.3% year on year, ordinary income of JPY 5,700 million, up 6.7% year on year, and profit attributable to owners of the parent of JPY 3,200 million, up 9.1% year on year.
Yokorei Co Ltd is a Japan-based company mainly engaged in the refrigerated warehouse business and food sales business of marine products, livestock products and agricultural products. The Company operates through three business segments. Refrigerated Warehouse segment is involved in the provision of chilled and refrigerated storage for marine products and livestock products, as well as the provision of related business. Food Sales segment is involved in the wholesale and processing of marine products and livestock products. Others segment is involved in the real estate leasing business.
Yokohama Reito Co., Ltd. Reports Consolidated Earnings Results for the Year Ended September 30, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2017