Komehyo Co.,Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Announces Dividend for the Second Quarter Ended September 30, 2019, Payable on December 6, 2019; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2020
November 11, 2019 at 01:20 am EST
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Komehyo Co.,Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 27,728 million compared to JPY 23,323 million a year ago. Operating income was JPY 317 million compared to JPY 489 million a year ago. Net income attributable to owners of parent was JPY 185 million or JPY 16.97 per basic share compared to JPY 321 million or JPY 29.33 per basic share a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year, the company expects net sales of JPY 56,400 million, operating income of JPY 1,329 million and net income attributable to owners of parent of JPY 727 million or JPY 66.35 per basic share.
The company announced dividend of JPY 16.00 per share for the second quarter ended September 30, 2019 against JPY 16.00 per share paid for the same period a year ago. Dividend payable date was December 6, 2019.
For the full year ending March 31, 2020, the company expects to pay year-end dividend of JPY 16.00 per share against JPY 16.00 per share paid for the same period a year ago.
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. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Announces Dividend for the Second Quarter Ended September 30, 2019, Payable on December 6, 2019; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2020
KOMEHYO HOLDINGS CO.,LTD. 
