Komehyo Co.,Ltd. Reports Consolidated Financial Results for the First Quarter Ended June 30, 2020
August 13, 2020 at 02:00 am EDT
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Komehyo Co.,Ltd. reported consolidated financial results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of JPY 7,861 million against JPY 12,439 million a year ago. Operating loss was JPY 860 million against operating income of JPY 92 million a year ago. Net loss attributable to owners of parent was JPY 1,229 million against net income attributable to owners of parent of JPY 49 million a year ago. Basic loss per share was JPY 112.21 against basic earnings per share of JPY 4.55 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 HOLDINGS CO.,LTD. 
