Kameda Seika Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2013; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2014
August 02, 2013
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Kameda Seika CO., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2013. For the quarter, the company reported net sales of ¥21,680 million, operating income of ¥170 million, ordinary income of ¥458 million, net income of ¥513 million or ¥24.34 basic per share compared with net sales of ¥19,427 million, operating income of ¥406 million, ordinary income of ¥609 million, net income of ¥396 million or ¥18.82 basic per share for the same period last year.
The company provided earnings guidance for the six months and full year of fiscal 2014. For the six months ending September 30, 2013, the company expected net sales of ¥42,000 million, operating income of ¥700 million, ordinary income of ¥1,100 million, net income of ¥600 million or ¥28.45 basic per share.
For the year ending March 31, 2014, the company expected net sales of ¥89,000 million, operating income of ¥4,000 million, ordinary income of ¥5,000 million, net income of ¥3,000 million or ¥142.27 basic per share.
KAMEDA SEIKA CO.,LTD. is a Japan-based company mainly engaged in manufacture and sale of rice crackers and snacks. The Company is mainly engaged in the manufacture and sale of rice crackers and premium rice crackers for supermarkets, convenience stores, mass retailers, theme parks, and department stores. It is also engaged in the storage and distribution of rice crackers and raw materials, and other food products manufactured by other food manufacturers. It is also engaged in the production, process and sale of agricultural products, and the sale and maintenance of automobiles. Main brands include Kameda no Kaki no Tane, Kenbutsu, Usuyaki, Age Ichiban, Potapota Yaki, Tsumami Tane, and Teshioya.
Kameda Seika Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2013; Provides Earnings Guidance for the Six Months and Full Year of Fiscal 2014