Autobacs Seven Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
October 30, 2017
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Autobacs Seven Co., Ltd. reported consolidated earnings results for the first half ended September 30, 2017. For the period, the company reported net sales of ¥98,105 million, operating profit of ¥1,860 million, ordinary profit of ¥2,451 million, profit before income taxes of ¥2,408 million, net profit of ¥1,339 million, net profit attributable to owners of parent was ¥1,317 million or ¥15.97 per basic share against net sales of ¥94,820 million, operating profit of ¥988 million, ordinary profit of ¥1,563 million, profit before income taxes of ¥1,563 million, net profit of ¥695 million, net profit attributable to owners of parent was ¥714 million or ¥8.50 per basic share a year ago.
For the full year ending March 31, 2018, the company expects net sales to be ¥205,000 million, operating income to be ¥7,000 million, ordinary income to be ¥7,500 million, profit attributable to owners of parent to be ¥5,200 million or ¥63.02 per basic share.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.
Autobacs Seven Co., Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
AUTOBACS SEVEN CO., LTD. 
