Komehyo Co.,Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Second Quarter and First Half of 2018; Provides Consolidated and Non Consolidated Earnings Results Guidance for the Year Ending March 31, 2019
November 12, 2018 at 08:45 pm EST
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Komehyo Co.,Ltd. announced consolidated and non-consolidated earnings results for the second quarter and first half of 2018. For the quarter, on non consolidated basis the company's reported net sales were JPY 10,789 million, Operating income was JPY 146 million, Ordinary income was JPY 161 million and net income was JPY 107 million.
For the first half, on non consolidated the company's reported net sales were JPY 20,724 million, Operating income was JPY 436 million, Ordinary income was JPY 454 million and net income was JPY 304 million.
For the quarter, on consolidated basis the company's reported net sales were JPY 12,051 million, Operating income was JPY 159 million, Ordinary income was JPY 172 million and net income attributable to owners of parent was JPY 110 million.
For the first half, on consolidated the company's reported net sales were JPY 23,323 million, Operating income was JPY 489 million, Ordinary income was JPY 498 million and net income attributable to owners of parent was JPY 321 million.
For the year of 2019, on non consolidated basis The company expects net sales of JPY 43,000 million, operating income to be JPY 1,500 million and net income to be JPY 1,000 million.
For the year of 2019, on consolidated basis The company expects net sales of JPY 50,000 million, operating income to be JPY 1,900 million and net income attributable to owners of parent to be JPY 1,200 million.
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 and Non-Consolidated Earnings Results for the Second Quarter and First Half of 2018; Provides Consolidated and Non Consolidated Earnings Results Guidance for the Year Ending March 31, 2019