BEAUTY GARAGE Inc. Reports Consolidated Earnings Results for the Year Ended April 30, 2019; Provides Consolidated Earnings Guidance for the First Half of Fiscal Year Ending April 30, 2020 and Full Fiscal Year Ending April 30, 2020
June 12, 2019
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BEAUTY GARAGE Inc. reported consolidated earnings results for the year ended April 30, 2019. For the year, the company reported net sales of JPY 13,852 million compared to JPY 11,680 million a year ago. Operating profit was JPY 628 million compared to JPY 648 million a year ago. Profit attributable to owners of parent was JPY 379 million compared to JPY 449 million a year ago. Diluted earnings per share were JPY 59.57 compared to JPY 74.19 a year ago. Basic earnings per share were JPY 59.58 compared to JPY 75.11 a year ago.
For the first half of fiscal year ending April 30, 2020, the company expects net sales of JPY 7,453 million, operating profit of JPY 232 million, and profit attributable to owners of parent of JPY 131 million or JPY 20.95 per share.
For the full fiscal year ending April 30, 2020, the company expects net sales of JPY 16,035 million, operating profit of JPY 743 million, and profit attributable to owners of parent of JPY 451 million or JPY 71.86 per share.
BEAUTY GARAGE Inc. is primarily engaged in selling beauty equipment, store design business and other solution business. The Company operates in three segments. The Merchandising segment sells beauty equipment and cosmetics through Internet site, mail catalog and show room. In addition to purchasing from manufacturers, it also develops its own original brand products, and purchases and sells used beauty equipment. The Store Design segment is engaged in store design and construction supervision. The Other Related Solutions segment is engaged in providing a range of resources services for beauty salon operation.
BEAUTY GARAGE Inc. Reports Consolidated Earnings Results for the Year Ended April 30, 2019; Provides Consolidated Earnings Guidance for the First Half of Fiscal Year Ending April 30, 2020 and Full Fiscal Year Ending April 30, 2020