Arcland Sakamoto Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 20, 2018; Provides Earnings and Dividend Guidance for the Full Year Ending February 20, 2019
December 16, 2018
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Arcland Sakamoto Co.,Ltd. announced consolidated earnings results for the nine months ended November 20, 2018. For the period, the company reported net sales of JPY 83,019 million against JPY 79,735 million a year ago. Operating profit was JPY 7,757 million against JPY 7,302 million a year ago. Profit was JPY 5,643 million against JPY 5,225 million a year ago. Earnings per share was JPY 116.68 against JPY 107.88 a year ago.
For the full year ending February 20, 2019, the company expects net sales of JPY 107,000 million, operating profit of JPY 9,700 million, profit attributable to the owners of the parent of JPY 5,500 million or JPY 135.61 per share.
For the full year ending February 20, 2019, the company expects to pay JPY 15.00 per share against JPY 15.00 per share paid a year ago.
Arclands Corp, formerly Arcland Sakamoto Co Ltd, is a Japan-based company mainly engaged in retail business, wholesale business, restaurant business and real estate business. The Company operates through four segments. The Retail segment sells household goods, household products, food products and other items to general consumers and professionals (contractors) through Home Centre Musashi, Super Center Musashi, Musashi Pro, NicoPet, Super Viva Home, Viva Home, arts and crafts specialist Ark Oasis, Vysees, and food specialty store Musashi Shokuhinkan. The Wholesale segment mainly sells do-it-yourself (DIY)-related products to home centers nationwide and group companies. The Restaurant segment operates restaurants such as Katsuya, a pork cutlet specialty restaurant. The Real Estate segment is engaged in the leasing of real estate. In addition, the Company also operates a sports club JOYFIT and a fitness gym FIT365.
Arcland Sakamoto Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 20, 2018; Provides Earnings and Dividend Guidance for the Full Year Ending February 20, 2019