Doshisha Co.,Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Quarter Ended March 2016
January 29, 2016 at 08:30 pm IST
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Doshisha Co.,Ltd. reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of JPY 88,011 million against JPY 81,310 million a year ago. Operating income was JPY 7,378 million against JPY 5,540 million a year ago. Ordinary income was JPY 7,587 million against JPY 5,968 million a year ago. Profit attributable to owners of parent was JPY 4,916 million against JPY 3,830 million a year ago. Diluted net income per share was JPY 132.55.
For the quarter ended March 2016, the company expects net sales off JPY 110,000 million, operating income is expected to be JPY 8,300 million, ordinary income is expected to be JPY 8,700 million, profit attributable to owners of parent is expected to be JPY 5,500 million or net income per share of JPY 148.98.
DOSHISHA CO., LTD. is a Japan-based company mainly engaged in the wholesale business of lifestyle-related products. The Company operates in two business segments. The Development Type Business Model segment is engaged in the sale of audio and video (A&V) related products, home appliances and home supplies, storage-related products, clothing, food and alcoholic beverage products, among others. The Wholesale Type Business Model Segment is engaged in the sale of watches, bags and assorted gifts. The other business is involved in the real estate business, the licensing business, the logistics business, the nursing welfare business and trading business, as well as professional services business.
Doshisha Co.,Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2015; Provides Earnings Guidance for the Quarter Ended March 2016