Paramount Bed Holdings Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
February 05, 2018
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Paramount Bed Holdings Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported net sales of JPY 52,740 million compared to JPY 48,730 million a year ago. Operating income was JPY 6,707 million compared to JPY 6,738 million a year ago. Ordinary income was JPY 8,351 million compared to JPY 7,236 million a year ago. Net income was JPY 5,786 million compared to JPY 5,263 million a year ago. Diluted earnings per share were JPY 191.98 compared to JPY 170.66 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects net sales of JPY 76,000 million, operating income of JPY 11,500 million, ordinary income of JPY 12,500 million, net income of JPY 8,500 million and basic earnings per share of JPY 307.81.
PARAMOUNT BED HOLDINGS CO., LTD. is a holding company mainly engaged in the manufacture and sale of beds for medical and welfare use. Through its subsidiaries and associated companies, the Company is involved in the manufacture and sale of beds for medical and welfare use, mattresses, furniture for hospital room use, and medical equipment and fixtures, the inspection, repair, sterilization, maintenance and leasing of beds and mattresses, the rental and wholesale of welfare equipment, as well as the operation of insurance agency business, among others.
Paramount Bed Holdings Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018
PARAMOUNT BED HOLDINGS CO., LTD. 
