Fujiya Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended December 31, 2011; Provides Earnings Guidance for the Fiscal Year 2012
February 14, 2012
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Fujiya Co., Ltd. reported consolidated earnings results for the full year ended December 31, 2011. For the period, the company reported net sales of JPY 87,639 million compared to JPY 106,671 million a year ago. Operating income was JPY 1,042 million compared to JPY 1,499 million a year ago.
For the fiscal year 2012, on consolidated basis, the company expects net sales of JPY 90,500 million, operating income of JPY 1,800 million.
Fujiya Co., Ltd. is a Japan-based confectionery maker. The Company operates in two business segments. The Western Confectionery segment is involved in the production and sale of western-style confectionery, such as cakes, bakery products, desserts and ice creams, as well as the operation of cafes and restaurants. The Confectionery Production segment manufactures and sells confectionary food, such as chocolates, candies, biscuits, drinks and dairy products. The others business is engaged in the leasing and management of real estate properties, the contract business, the provision of outsourcing services, as well as the maintenance of food processing machinery.