Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended June 20, 2016; Provides Earnings Guidance for the Six Months and Full Year Ending June 20, 2017
August 03, 2016
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Joyful Honda Co., Ltd. announced consolidated earnings results for the full year ended June 20, 2016. For the year, the company reported net sales of ¥158,737 million against ¥162,351 million a year ago. Total operating revenue was ¥4,627 million against ¥4,510 million a year ago. Operating income was ¥7,706 million against ¥6,788 million a year ago. Ordinary income was ¥8,946 million against ¥8,070 million a year ago. Profit before taxes and other adjustments was ¥8,505 million against ¥7,743 million a year ago. Profit attributable to parent company shareholders was ¥5,453 million against ¥4,560 million a year ago. Net cash provided by operating activities was ¥9,413 million against ¥8,377 million a year ago. Purchase of property, plant and equipment was ¥14,130 million against ¥1,657 million a year ago. Purchase of intangible assets was ¥198 million against ¥122 million a year ago.
The company provided earnings guidance for the six months and full year ending June 20, 2017. For the six months, the company expects net sales of ¥81,820 million, operating income of ¥4,450 million, ordinary income of ¥5,140 million and profit attributable to parent company shareholders of ¥3,260 million or ¥63.16 per share.
For the year, the company expects net sales of ¥163,200 million, operating income of ¥8,370 million, ordinary income of ¥9,550 million and profit attributable to parent company shareholders of ¥6,200 million or ¥120.13 per share.
Joyful Honda Co Ltd is a Japan-based company engaged in the sales of products related to housing, design and construction of renovation work and sales of related products, and sales of related products related to living. The Company is engaged in the operation of specialty store operating comprehensive distribution business and housing renovation business that practice entertainment rooted in the community and a wide selection of products that cater to a wide range of customers from general consumers to professional customers. The main products include materials and professional supplies, interior and living, garden and farm, daily and daily necessities, pets and leisure. It also operates sports clubs and home centers.
Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the Full Year Ended June 20, 2016; Provides Earnings Guidance for the Six Months and Full Year Ending June 20, 2017