Kojima Co.,Ltd. Announces Earnings Results for the First Quarter Ended November 30, 2017; Provides Earnings Guidance for the Second Quarter Ending February 28, 2018 and Year Ending August 28, 2018
January 10, 2018 at 11:30 am IST
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Kojima Co.,Ltd. announced earnings results for the first quarter ended November 30, 2017. For the quarter, the company reported net sales were JPY 53,384 million compared to JPY 51,126 million last year. Operating loss was JPY 332 million compared to JPY 603 million last year. Ordinary loss was JPY 333 million compared to JPY 594 million last year. Loss was JPY 413 million compared to JPY 856 million last year. Basic earnings per share were JPY 5.31 compared to JPY 10.99 last year.
For the second quarter ended August 28, 2018, the company expects net sales of JPY 239,000 million. Operating income is expected to be JPY 3,000 million. Ordinary income is expected to be JPY 2,600 million. Profit is expected to be JPY 1,700 million. Basic earnings per share is expected to be JPY 21.82.
For the year ended February 28, 2018, the company expects net sales of JPY 114,900 million. Operating income is expected to be JPY 230 million. Ordinary income is expected to be JPY 170 million. Profit is expected to be JPY 50 million. Basic earnings per share is expected to be JPY 0.64.
Kojima Co Ltd is a Japan-based company mainly engaged in the sales of home appliances and other products. The Company operates the Product Sales business segment of audio-visual products, home appliances, information and communication equipment products, and others. The Company also repairs and installs home appliances and electrical products. The audio-visual products include cameras, televisions, recorders and video cameras, audio products and others. The home appliances include refrigerators, washing machines, cooking appliances, seasonal appliances, hairdressing appliances and others. The information and communication equipment products include personal computers, computer peripherals, computer software products, mobile phones and others. Other products and services include games, watches, sporting goods, toys, pharmaceuticals and daily necessities, construction work including housing equipment and others.
Kojima Co.,Ltd. Announces Earnings Results for the First Quarter Ended November 30, 2017; Provides Earnings Guidance for the Second Quarter Ending February 28, 2018 and Year Ending August 28, 2018
KOJIMA CO.,LTD. 
