Fujiya Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Full Year of Fiscal 2017
February 14, 2017
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Fujiya Co., Ltd. reported consolidated earnings results for the full year ended December 31, 2016. For the year, the company reported net sales of JPY 104,400 million compared to JPY 104,021 million a year ago. Operating income was JPY 2,514 million compared to JPY 1,480 million a year ago.
For the fiscal year 2017, on consolidated basis, the company expects net sales of JPY 106,000 million and operating income of JPY 2,700 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.
Fujiya Co., Ltd. Reports Consolidated Earnings Results for the Full Year Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Full Year of Fiscal 2017