Ain Holdings Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2016; Provides Earnings Guidance for the Six Months of 2017; Provides Earnings Guidance for the Year Ending April 30, 2017; Provides Dividend Guidance for the Year Ending April 30, 2017
August 25, 2016 at 01:00 pm EDT
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Ain Holdings Inc. reported consolidated earnings results for the first quarter ended July 31, 2016. For the quarter, the company reported net sales of ¥57,819 million against ¥52,146 million a year ago. Operating income was ¥2,281 million against ¥2,710 million a year ago. Ordinary income was ¥2,376 million against ¥2,886 million a year ago. Profit attributable to owners of parent was ¥1,371 million or ¥43.25 per share against ¥1,533 million or ¥48.35 per share a year ago. Net assets per share were ¥1,683.53. Profit before income taxes was ¥2,482,098,000 against ¥2,738,311,000 a year ago.
For the year ending April 30, 2017, the company expects to pay dividend of ¥50.00 per share against ¥40.00 per share a year ago.
For the six months, the company expects to net sales of ¥126,000 million, operating income of ¥6,150 million, ordinary income of ¥6,350 million, profit attributable to owners of parent of ¥3,470 million or ¥109.44 per share.
For the year ending April 30, 2017, the company expects to net sales of ¥265,000 million, operating income of ¥16,300 million, ordinary income of ¥16,700 million, profit attributable to owners of parent of ¥9,000 million or ¥283.84 per share.
Ain Holdings Inc, is a Japan-based company engaged in the operation of pharmacies and retail business. The Company has three business segments. The Pharmacy segment operates and franchises pharmacies, and provides consulting services related to opening pharmacies. Through its subsidiaries, this segment is also involved in the provision of consultation services for medical-related affairs and manpower dispatching of doctors and pharmacists, as well as the sale of generic drugs. The Retail segment operates cosmetics business and drugstores. The Others segment is engaged in the leasing of buildings and the sales of cosmetics.
Ain Holdings Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2016; Provides Earnings Guidance for the Six Months of 2017; Provides Earnings Guidance for the Year Ending April 30, 2017; Provides Dividend Guidance for the Year Ending April 30, 2017