Kosé Corporation Reports Consolidated Financial Results for the Year Ended March 31, 2017; Provides Financial and Dividend Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2018; Announces Dividend for Fiscal 2017, Payable on June 30, 2017
April 27, 2017
Share
KOSÉ Corporation reported consolidated and non-consolidated financial results for the year ended March 31, 2017. For the year, on consolidated basis, the company reported operating income of ¥39,160 million and profit attributable to owners of the parent of ¥21,657 million or ¥379.66 per basic share on net sales of ¥266,762 million against operating income of ¥34,634 million and profit attributable to owners of the parent of ¥18,655 million or ¥327.04 per basic share on net sales of ¥243,390 for the same period of last year. Return on equity was 13.9% against 13% for the same period of last year. Net cash provided by operating activities was ¥17,327 million against ¥26,410 million for the same period of last year. Profit before income taxes was ¥39,425 million against ¥33,862 million for the same period of last year. Purchase of property, plant and equipment was ¥10,941 million against ¥7,075 million for the same period of last year. Purchase of intangible assets was ¥585 million against ¥474 million for the same period of last year.
For the year, on non-consolidated basis, the company reported net sales of ¥120,516 million against ¥115,125 million a year ago. Operating income was ¥8,320 million against ¥8,190 million a year ago. Ordinary income was ¥15,017 million against ¥13,016 million a year ago. Net income was ¥10,070 million or ¥176.54 per basic share against ¥9,599 million or ¥168.29 per basic share a year ago.
For the first half year ending September 30, 2017, the company expects, net sales of ¥1 34,000 million, operating income of ¥19,000 million and profit attributable to owners of the parent of ¥10,700 million or ¥187.57 per share.
For the year ending March 31, 2018, the company expects, net sales of ¥282,000 million, operating income of ¥41,500 million and profit attributable to owners of the parent of ¥23,800 million or ¥417.22 per share.
For the year ending March 31, 2018, the company expects to pay a dividend of ¥63 per share each at the end of the second quarter and at the end of the year.
For the year ended March 31, 2017, the company announced an year end dividend of ¥63 per share. Scheduled date of dividend payment is June 30, 2017.
KOSE Corporation is a Japan-based company principally engaged in the manufacture and sale of cosmetic products. The Company operates in two business segments. Make-up segment is engaged in the manufacture and sale of products under the brands of KOSE, Sekkisei, ESPRIQUE, COSME DECORTE, Predia, INFINITY, JILLSTUART, ADDICTION, CLIE, ALBION, tarte, among others. Cosmetry segment is engaged in the manufacture and sale of products under the brands of Visee, Fasio, ELSIA, softymo, SUNCUT, CLEAR TURN, Stephen Knoll New York, Nature & Co, among others. The Company is also involved in the manufacture and sale of amenity products, the leasing of real estate properties, the manufacture and export of materials, as well as the original equipment manufacturing (OEM) business.
Kosé Corporation Reports Consolidated Financial Results for the Year Ended March 31, 2017; Provides Financial and Dividend Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2018; Announces Dividend for Fiscal 2017, Payable on June 30, 2017
KOSÉ CORPORATION 
