Izumi Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2019; Provides Dividend Guidance for the Fiscal Year Ending February 28, 2019
January 07, 2019
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Izumi Co., Ltd. announced consolidated earnings results for the nine months ended November 30, 2018. For the nine months, the company reported net sales of JPY 510,736 million compared to JPY 511,781 million a year ago. Operating revenue was JPY 25,604 million compared to JPY 24,986 million a year ago. Operating profit was JPY 23,611 million compared to JPY 25,689 million a year ago. Profit was JPY 15,580 million compared to JPY 17,640 million a year ago. Earnings per share were JPY 213.74 compared to JPY 242.08 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending February 28, 2019. For the year, the company expects operating revenue of JPY 743,600 million, operating profit of JPY 35,200 million and profit attributable to owners of parent of JPY 22,400 million or JPY 312.59 per share.
The company provided dividend guidance for the fiscal year ending February 28, 2019. For the year, the company expects to pay a dividend of JPY 40.00 per share compared to JPY 40.00 per share a year ago.
IZUMI CO., LTD. is a Japan-based company mainly engaged in the general retail business. The Company operates through two business segments. The Retail segment is engaged in the sale of clothing, housing-related goods and food products through its shopping centers, general merchandise stores (GMSs) and supermarkets. The Retail-related segment is engaged in the credit and finance business, the management of shop facilities, as well as the operation of restaurants. The Company is also engaged in the wholesale business and the real estate leasing business.
Izumi Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2019; Provides Dividend Guidance for the Fiscal Year Ending February 28, 2019