Marusho Hotta Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2016; Reports Consolidated Earnings Results for the Six Months Ended September 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
November 13, 2015 at 10:00 am EST
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Marusho Hotta Co., Ltd. provided dividend guidance for the year ending March 31, 2016. For the year, the company expects dividend of JPY 2.00 per share against JPY 2.00 per share a year ago. Annual dividend forecast of JPY 2.00 per share against JPY 2.00 per share a year ago.
The company reported consolidated earnings results for the six months ended September 2015. For six months, net sales were JPY 3,242 million against JPY 3,253 million a year ago. Operating loss was JPY 71 million against JPY 89 million a year ago. Ordinary loss was JPY 71 million against JPY 76 million a year ago. Net loss attributable to owners of the parent company was JPY 79 million against net income attributable to owners of the parent company of JPY 138 million a year ago. Net income per share was JPY 1.74 against net income per share of JPY 3.02 a year ago. Net assets per share were JPY 64.03 against JPY 67.49 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2016. For the year, the company expects net sales of JPY 7,519 million, operating income of JPY 8.7 million, ordinary income of JPY 37 million, net income attributable to owners of the parent company of JPY 39 million or JPY 16 per 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. Provides Dividend Guidance for the Year Ending March 31, 2016; Reports Consolidated Earnings Results for the Six Months Ended September 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
MARUSHOHOTTA CO.,LTD. 