Autobacs Seven Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2012; Provides Dividend Guidance for the Full Year Ending March 31, 2012 and Second Quarter of Fiscal 2013; Provides Earnings Guidance for the Full Year Ending March 31, 2013
January 31, 2013 at 07:51 pm IST
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Autobacs Seven Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2012. For the nine months, the company reported operating income of ¥11,324 million, income before income taxes and minority interests of ¥11,975 million, net income of ¥6,639 million or ¥212.44 basic per share on net sales of ¥182,873 million against operating income of ¥12,961 million, income before income taxes and minority interests of ¥14,294 million, net income of ¥8,245 million or ¥246.66 basic per share on net sales of ¥187,666 million for the same period a year ago.
The company provides dividend guidance for the full year ending March 31, 2012 and second quarter of fiscal 2013. For the full year, the company expects a dividend of ¥75.00 per share.
For the quarter, the company expects a dividend of ¥75.00 per share.
The company provides earnings guidance for the full year ending March 31, 2013. For the year, the company expects an operating income of ¥11,800 million, net income of ¥6,800 million or ¥220.48 basic per share on net sales of ¥234,000 million.
Autobacs Seven Co Ltd is a Japan-based company primarily engaged in the retail and wholesale of automobile products, the purchase and sale of vehicles, the provision of vehicle inspection and maintenance services, as well as the loan credit business. The Company operates in four segments. The Domestic Autobacs segment is engaged in the wholesale of car products and the leasing of store facilities. The Overseas segment is engaged in the sales of car accessories, the provision of installation service and the maintenance of cars to general consumers. The Car, Dealers and B-to-B segment is engaged in the sales of imported cars, the purchase of used cars and the sales of the cars to second hand car dealers and others. The Others segment is engaged in the leasing business to domestic franchise chain affiliates.
Autobacs Seven Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2012; Provides Dividend Guidance for the Full Year Ending March 31, 2012 and Second Quarter of Fiscal 2013; Provides Earnings Guidance for the Full Year Ending March 31, 2013
AUTOBACS SEVEN CO., LTD. 
