Ain Holdings Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2017; Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending April 30, 2018
September 14, 2017 at 04:00 am EDT
Share
Ain Holdings Inc. reported consolidated earnings results for the first quarter ended July 31, 2017. For the quarter, the company's net sales were ¥66,095 million against ¥57,819 million a year ago. Operating income was ¥3,963 million against ¥2,281 million a year ago. Ordinary income was ¥4,135 million against ¥2,376 million a year ago. Income before income taxes was ¥3,983,511,000 against ¥2,482,098,000 a year ago. Profit attributable to owners of parent was ¥2,120 million or ¥66.88 per share against ¥1,371 million or ¥43.25 per share a year ago. Return on equity was 14.0% against 15.6% a year ago.
For the first half of fiscal year ending April 30, 2018, the company expects net sales to be ¥129,400 million, operating income to be ¥6,700 million, ordinary income to be ¥6,900 million and net income to be ¥3,600 million or ¥109.76 per share.
For the year ending April 30, 2018, the company expects net sales to be ¥267,500 million, operating income to be ¥16,600 million, ordinary income to be ¥17,000 million and net income to be ¥8,900 million or ¥262.63 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, 2017; Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending April 30, 2018