Komehyo Co. Ltd. Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
February 10, 2017 at 10:40 am EST
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Komehyo Co. Ltd. provided dividend guidance for the year end of fiscal 2017. For the year end, the company expects dividend of ¥15 per share compared to ¥15 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended December 2016. For the period, the company reported net sales of ¥30,023 million compared to ¥33,918 million, operating income of ¥514 million compared to ¥2,130 million, ordinary income of ¥499 million compared to ¥2,118 million, profit attributable to owners of parent of ¥80 million or ¥7.31 per share compared to ¥1,356 million or ¥123.84 per share for the last year.
The company provided earnings guidance for the year ending March 31, 2017. For the year, the company expected net sales of ¥39,900 million, operating income of ¥600 million, ordinary income of ¥590 million and profit attributable to owners of parent of ¥150 million or ¥13.69 per share.
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. Provides Dividend Guidance for the Year Ending March 31, 2017; Reports Consolidated Earnings Results for the Nine Months Ended December 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
KOMEHYO HOLDINGS CO.,LTD. 
