Watami Co., Ltd. Announces Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Half Year Period Ending Sept. 2016; Provides Earnings Guidance for the Full Year Ending March 2017
May 11, 2016 at 11:00 am EDT
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Watami Co., Ltd. announced earnings results for the year ended March 31, 2016. For the year, the company reported net sales of ¥128,246 million, operating loss of ¥290 million, ordinary loss of ¥1,132 million, profit attributable to owners of parent of ¥7,810 million or ¥209.13 basic per share, cash flows from operating activities of ¥2,598 million compared to the net sales of ¥155,310 million, operating loss of ¥2,072 million, ordinary loss of ¥3,406 million, loss attributable to owners of parent of ¥12,857 million or ¥344.31 basic per share, cash flows from operating activities of ¥5,530 million for the previous year.
The company forecast net sales of ¥49,000 million, operating loss of ¥1,000 million, ordinary loss of ¥1,000 million, loss attributable to owners of parent of ¥1,300 million or ¥34.81 basic per share for half year period ending Sept. 2016.
The company forecast net sales of ¥100,000 million, operating income of ¥100 million, ordinary income of ¥200 million, profit attributable to owners of parent of ¥200 million or ¥5.35 basic per share for full year ending March 2017.
WATAMI CO.,LTD. is a Japan-based company mainly engaged in the restaurants business, the home delivery business, the agriculture business and the environmental business. The Company has five business segments. The Domestic Restaurant segment is engaged in the operation of restaurants, the manufacture and wholesale of ingredients, as well as the delivery of liquors and beverages to directly managed stores and franchise stores. The Home Delivery segment is engaged in the sale and delivery of food material sets and prepared dishes. The Overseas Restaurant segment is engaged in the franchise business, the strategic planning and execution of overseas expansion, as well as the operation of restaurants in overseas. The Environmental segment is engaged in the power retail business, the wind power generation business and the circulation services business. The Agriculture segment is engaged in the production and sale of agricultural products and processed agricultural products.
Watami Co., Ltd. Announces Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Half Year Period Ending Sept. 2016; Provides Earnings Guidance for the Full Year Ending March 2017
WATAMI CO., LTD. 