Marusho Hotta Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Year End Dividend Forecast for the Full Year Ending March 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2017
November 10, 2016 at 10:00 am EST
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Marusho Hotta Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2016. For the period, the group reported net sales of ¥3,450 million, operating income of ¥5 million, ordinary income of ¥7 million and loss attributable to owners of parent of ¥4 million or ¥0.21 per basic share compared to net sales of ¥3,242 million, operating loss of ¥71 million, ordinary loss of ¥71 million and loss attributable to owners of parent of ¥79 million or ¥3.48 per basic share reported in the same period last year.
For the year ending march 31, 2017, the company reported year end dividend forecast of ¥5.00 per share against dividend of ¥2.00 per share declared last year.
For the first half of the year ending March 31, 2017, the group expected to report net sales of ¥7,792 million, operating income of ¥82 million, ordinary income of ¥78 million and profit attributable to owners of parent of ¥50 million or ¥2.18 per basic share.
MARUSHOHOTTA CO.,LTD. is a Japan-based company principally engaged in the wholesale and sale of Japanese traditional clothing, jewelry and Kimono accessories, women's clothing, bedding items, as well as the manufacture and wholesale of designed twisted yarn. The Company operates in four business segments. Japanese Clothing segment is involved in the wholesale of Japanese traditional clothing, gemstone & precious metal rings, jewelry such as necklaces, as well as kimono accessories. Bedding segment is involved in the wholesale and sale of bedding items such as feathers, woolen futons, blankets and towels, as well as gift items for funerals. Western Clothing segment is involved in the wholesale and sale of women's clothing such as blouses, knitwear, skirts, pants, dresses, suits and children clothes. Designed Twisted Yarn segment manufactures, wholesales and sells ring yarns, shaggy yarns, polar yarns, special spun yarns and cross knits.
Marusho Hotta Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2016; Provides Year End Dividend Forecast for the Full Year Ending March 31, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2017
MARUSHOHOTTA CO.,LTD. 