Ichibanya Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended November 2016; Announces Dividend for the Second Quarter Ended November 2016, Payable on February 20, 2017; Provides Dividend Guidance for the Year Ending February 28, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2017
January 10, 2017 at 09:00 pm IST
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Ichibanya Co., Ltd. announced consolidated earnings results for the six months ended November 2016. For the period, the company reported net sales of JPY 22,235 million against JPY 22,218 million a year ago. Operating income was JPY 2,559 million against JPY 2,428 million a year ago. Ordinary income was JPY 2,663 million against JPY 2,585 million a year ago. Profit attributable to owners of parent was JPY 1,752 million against JPY 1,660 million a year ago. Basic earnings per share were JPY 54.88 against JPY 52.02 a year ago.
The company announced a dividend of JPY 35.00 per share for the second quarter ended November 2016, compared with JPY 50.00 per share for the same period a year ago. The dividend payable date (as planned) is February 20, 2017.
The company expects to pay a year-end dividend of JPY 17.50 per share for the year ending February 28, 2017, compared with JPY 80.00 per share for the year ended May 2016.
The company provided consolidated earnings guidance for the fiscal year ending February 28, 2017. For the fiscal year, the company expects to report net sales of JPY 34,000, operating income of JPY 3,620, ordinary income of JPY 3,770, profit attributable to owners of parent of JPY 2,430, and basic earnings per share of JPY 76.11.
ICHIBANYA CO., LTD. is a company mainly engaged in the operation of curry specialty restaurants under the name Curry House CoCo Ichibanya. The Company is involved in the provision of curry dishes through directly-managed stores and franchise chain (FC) stores, as well as the sale of foodstuff, consumable supplies and equipment to FCs. In addition, the Company also involves in the franchise business, trade and consulting services through its subsidiaries.
Ichibanya Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended November 2016; Announces Dividend for the Second Quarter Ended November 2016, Payable on February 20, 2017; Provides Dividend Guidance for the Year Ending February 28, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2017