Aoyama Trading Company, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017
August 12, 2016 at 11:00 am EDT
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Aoyama Trading Company, Ltd. announced consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company's net sales were ¥59,605 million compared with ¥56,042 million a year ago. Operating income was ¥3,988 million compared with ¥4,362 million a year ago. Ordinary income was ¥3,849 million compared with ¥4,716 million a year ago. Profit attributable to owners of parent was ¥2,389 million or ¥44.90 per diluted share compared with ¥2,787 million or ¥50.68 per diluted share a year ago.
For the year ending March 31, 2017, the company forecasts net sales of ¥261,000 million, operating income of ¥22,500 million, ordinary income of ¥22,400 million, profit attributable to owners of parent of ¥12,600 million or ¥238.26 per basic share.
For the six months ending September 30, 2016, the company forecasts net sales of ¥109,200 million, operating income of ¥3,700 million, ordinary income of ¥3,700 million, profit attributable to owners of parent of ¥2,000 million or ¥37.82 per basic share.
AOYAMA TRADING Co., Ltd. is a Japan-based company mainly engaged in business related to clothing items. The Company operates in six business segments. The Business Wear business sells men's and women's business wear and related western goods, commissions correction processing of ready-made clothes, plans for in-store and outside performances, and plans sales consumables. The Casual business is engaged in the sale of casual clothing. The Card business is engaged in the provision of retail finance and credit services. The Printing and Media business is engaged in the printing various flyers and catalogs, publishing magazines, printing and sending direct mail. The Miscellaneous Goods Sales business sells daily miscellaneous goods and processed foods and operates Daiso & Aoyama 100 Yen Plaza. The Comprehensive Repair Service business provides comprehensive repair services such as shoe repair and key duplication. The Company is also engaged in reuse business and restaurant business.
Aoyama Trading Company, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2017