BEAUTY GARAGE Inc. Announces Consolidated Financial Results for the Quarter Ended July 31, 2018; Provides Consolidated Financial Guidance for the First Half of Fiscal 2019 ; and Provides Consolidated Financial Guidance for the Fiscal Year Ending April 30, 2019
September 10, 2018
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BEAUTY GARAGE Inc. announced consolidated financial results for the quarter ended July 31, 2018. For the quarter, the company reported net sales of JPY 3,283 million against JPY 2,708 million for the same period a year ago. Operating profit was JPY 115 million against JPY 136 million for the same period a year ago. Ordinary profit was JPY 117 million against JPY 137 million for the same period a year ago. Profit attributable to owners of parent was JPY 75 million against JPY 139 million for the same period a year ago. Diluted earnings per share were JPY 11.93 per share against JPY 22.19 per share for the same period a year ago.
For the first half of fiscal 2019, the company expects net sales of JPY 6,432 million. Operating profit is expected to be JPY 260 million. Ordinary profit is expected to be JPY 262 million. Profit attributable to owners of parent is expected to be JPY 157 million. Earnings per share is expected to be JPY 24.74 per share.
For the fiscal year ending April 30, 2019, the company expects net sales of JPY 13,620 million. Operating profit is expected to be JPY 742 million. Ordinary profit is expected to be JPY 746 million. Profit attributable to owners of parent is expected to be JPY 471 million. Earnings per share is expected to be JPY 73.88 per share.
BEAUTY GARAGE Inc. is primarily engaged in selling beauty equipment, store design business and other solution business. The Company operates in three segments. The Merchandising segment sells beauty equipment and cosmetics through Internet site, mail catalog and show room. In addition to purchasing from manufacturers, it also develops its own original brand products, and purchases and sells used beauty equipment. The Store Design segment is engaged in store design and construction supervision. The Other Related Solutions segment is engaged in providing a range of resources services for beauty salon operation.
BEAUTY GARAGE Inc. Announces Consolidated Financial Results for the Quarter Ended July 31, 2018; Provides Consolidated Financial Guidance for the First Half of Fiscal 2019 ; and Provides Consolidated Financial Guidance for the Fiscal Year Ending April 30, 2019