Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended March 20, 2016; Provides Earnings Guidance for the Year Ended June 20, 2016; Provides Distribution Guidance for the Year Ended June 20, 2016
May 18, 2016 at 06:09 pm EDT
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Joyful Honda Co., Ltd. announced consolidated earnings results for the nine months ended March 20, 2016. For the period, the company reported net sales of JPY 117,342 million against JPY 120,434 million a year ago. Operating income was JPY 5,592 million against JPY 4,969 million a year ago. Ordinary income was JPY 6,514 million against JPY 5,934 million a year ago. Profit attributable to parent company shareholders was JPY 4,247 million against JPY 3,550 million a year ago. Profit per share was JPY 82.29 compared to JPY 68.79 a year ago. Profit before taxes and other adjustments was JPY 6,374 million against JPY 5,722 million a year ago.
For the year ending June 20, 2016, the company expects consolidated net sales of JPY 163,800 million, operating income of JPY 7,300 million, ordinary income of JPY 8,400 million, profit attributable to parent company shareholders of JPY 5,300 million and net income per share of JPY 102.69.
For the year ending June 20, 2016, the company expects to pay distribution of JPY 31.00 per share against JPY 60.00 per share announced a year ago.
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 Nine Months Ended March 20, 2016; Provides Earnings Guidance for the Year Ended June 20, 2016; Provides Distribution Guidance for the Year Ended June 20, 2016