Tsutsumi Jewelry Co., Ltd. Announces Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Forecast for the Full Year Ending March 31, 2018
November 09, 2017
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Tsutsumi Jewelry Co., Ltd. announced earnings results for the six months ended September 30, 2017. For the period, the company reported net sales of ¥8,167 million, operating income of ¥118 million, ordinary income of ¥166 million, profit attributable to owners of parent of ¥66 million, earnings per share of ¥3.80, against net sales of ¥9,163 million, operating income of ¥118 million, ordinary income of ¥166 million, profit attributable to owners of parent of ¥72 million, earnings per share of ¥13.91 a year ago.
For the full year ending March 31, 2018, the company forecast net sales of ¥18,200 million, operating income of ¥900 million, ordinary income of ¥1000 million, net income of ¥610 million, and earnings per share of ¥34.70.
TSUTSUMI JEWELRY CO., LTD. is a Japan-based jewelry company. The Company is engaged in the manufacture, wholesale and retail of jewelry, such as rings, necklaces, bracelets and other accessories. The Company sells its products through its direct jewelry specialty stores.
Tsutsumi Jewelry Co., Ltd. Announces Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Forecast for the Full Year Ending March 31, 2018