Koshidaka Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending August 31, 2019; Provides Dividend Forecast for the Second and Fourth Quarter of Fiscal Year Ending August 31, 2019
January 10, 2019
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Koshidaka Holdings Co., Ltd. reported consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, the company reported net sales of JPY 14,770,005,000 compared to JPY 13,842,147,000 a year ago. Operating profit was JPY 1,368,015,000 compared to JPY 1,060,683,000 a year ago. Profit was JPY 1,149,886,000 compared to JPY 699,735,000 a year ago. Net income per share was JPY 12.69 compared to JPY 7.55 a year ago.
For the first half of fiscal year ending August 31, 2019, on consolidated basis, the company expects net sales of JPY 31,961 million, operating profit of JPY 4,123 million, profit attributable to owners of parent of JPY 2,258 million and net income per share of JPY 27.77.
For the full year of fiscal year ending August 31, 2019, on consolidated basis, the company expects net sales of JPY 66,044 million, operating profit of JPY 9,345 million, profit attributable to owners of parent of JPY 5,205 million and net income per share of JPY 64.01.
The company provides dividend forecast for the Second quarter of fiscal year of 2019. For the Second quarter, the company announced forecast dividend of ¥6 per share against ¥20 a year ago.
The company provides dividend forecast for the fourth quarter of fiscal year ending Aug. 31, 2019. For the fourth quarter, company forecast dividend of ¥6 per share. Koshidaka Holdings conducted a 4-for-1 stock split on June 1, 2018. The year-end dividend for the fiscal year ended August 31, 2018 and the year-end dividend forecast for the fiscal year ending August 31, 2019 have been adjusted to reflect the stock split.
Koshidaka Holdings Co Ltd is a Japan-based company mainly engaged in the karaoke business, real estate management business and warm bath business. The Company operates through three business segments. The Karaoke segment is engaged in the management and operation of directly operated karaoke box stores under the Karaoke Manekineko and One Karaoke brands in Japan. Overseas, the Company operates directly managed karaoke box stores under the Manekineko brand in South Korea, and manufactures and sells karaoke peripheral equipment such as speakers mainly for the Group. The Warm Bath segment is engaged in the operation of directly managed hot bath facilities in Japan under the brands Maneki no Yu and Rumpu no Yu. The Real Estate Management segment is engaged in the ownership and operation management of real estate rental buildings in Gunma, Kanagawa, and Aichi prefectures.
Koshidaka Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2018; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending August 31, 2019; Provides Dividend Forecast for the Second and Fourth Quarter of Fiscal Year Ending August 31, 2019
KOSHIDAKA HOLDINGS CO., LTD. 
