Yuasa Funashoku Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
February 05, 2016 at 09:00 am
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Yuasa Funashoku Co., Ltd. reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of ¥80,003 million compared to ¥78,219 million a year ago. Operating income was ¥1,343 million compared to ¥1,239 million a year ago. Ordinary income was ¥1,504 million compared to ¥1,530 million a year ago. Profit attributable to owners of parent was ¥960 million or ¥21.36 per basic share compared to ¥926 million or ¥20.60 per basic share, a year ago.
For the full year ending March 31, 2016, the consolidated company expects net sales to be ¥107,000 million, operating income of ¥1,900 million, ordinary income of ¥2,100 million and profit attributable to owners of parent to be ¥1,300 million, or ¥28.91 per share.
YUASA FUNASHOKU CO., LTD. is a Japan-based company mainly engaged in the commercial business, hotel business, and real estate business. The Company operates through three business segments. The Commercial segment is mainly engaged in the wholesale of rice, flour, starch, sugar, fats and oils, feed, processed food and liquors. The Hotel segment is mainly engaged in the operation of hotels and restaurants. The Real Estate segment is mainly engaged in the real estate leasing business. The Company is also engaged in the logistics business and insurance agency business.
Yuasa Funashoku Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016