Komehyo Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019
February 08, 2019 at 12:00 am EST
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Komehyo Co.,Ltd. announced consolidated earnings results for the nine months ended December 31, 2018. For the nine months, the company reported net sales of JPY 37,457 million as compared to JPY 33,916 million a year ago. Operating income was JPY 1,409 million as compared to JPY 1,461 million a year ago. Ordinary income was JPY 1,400 million as compared to JPY 1,472 million a year ago. Net income attributable to owners of parent was JPY 913 million as compared to JPY 963 million a year ago. Basic earnings per share were JPY 83.33 as compared to JPY 87.92 a year ago.
For the full year ending March 31, 2019, the company expects net sales of JPY 50,000 million, operating income of JPY 1,900 million, ordinary income of JPY 1,900 million, net income attributable to owners of parent of JPY 1,200 million and basic earnings per share of JPY 109.52.
Komehyo Holdings Co Ltd, formerly Komehyo Co Ltd, is a Japan-based company mainly engaged in the brand fashion business, the tire and wheel business and other business. The Company operates in two business segments. The Brand Fashion segment is involved in the purchase, sale, brokerage and auction management of new and used jewelry products, precious metals, watches, bags, clothing, kimono, cameras, musical instruments and others, as well as the sale of apparels, sneakers and shoe care products. The Tire and Wheel segment is involved in the planning, research, development, manufacture and sale of tires and wheels for passenger cars, automobile supplies and parts. The Company is also engaged in the leasing of real estate properties.
Komehyo Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019
KOMEHYO HOLDINGS CO.,LTD. 
