Takihyo Co., Ltd. Reports Consolidated Earnings Results for the Year Ended February 28, 2019; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2020
May 23, 2019 at 03:35 pm EDT
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Takihyo Co., Ltd. reported consolidated earnings results for the year ended February 28, 2019. For the year, the company reported net sales of JPY 64,815 million against JPY 72,751 million a year ago. Operating profit was JPY 101 million against loss of JPY 1,148 million a year ago. Profit was JPY 1,959 million against loss of JPY 1,621 million a year ago. Loss per share was JPY 173.80 against earnings per share were JPY 210.04 a year ago.
The company provided consolidated earnings guidance for the year ending February 29, 2020. For the fiscal year, the company expects net sales of JPY 66,800 million, operating profit of JPY 600 million, ordinary profit of JPY 600 million and Profit attributable to owners of parent of JPY 400 million or JPY 42.88 per share.
Takihyo Co., Ltd. is a Japan-based company mainly engaged in the planning, manufacture and sale of apparel and textile-related products. The Company operates through two business segments. The Apparel and Textiles business is engaged in the planning, manufacture and sale of ladies and babies clothing, and woolen textiles. It is also engaged in the production management, delivery date management and quality management of products, and export operations. It is also engaged in the delivery-related operations for sorting, packing, and shipping. It is also engaged in the manufacture of patterns and samples, and planning and sales of uniforms. The Leasing business is engaged in rental management of real estate, and leasing of office equipment. The Company is also engaged in the sale of synthetic resin and chemical products, and the operation of Komeda Coffee shop as a franchisee.
Takihyo Co., Ltd. Reports Consolidated Earnings Results for the Year Ended February 28, 2019; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2020
TAKIHYO CO., LTD. 
