Kojima Co.,Ltd. Announces Earnings Results for the First Quarter Ended November 30, 2018; Provides Earnings Guidance for the Second Quarter Ending February 28, 2019 and Year Ending August 31, 2019
January 09, 2019 at 11:30 am IST
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Kojima Co.,Ltd. announced earnings results for the first quarter ended November 30, 2018. For the quarter, the company reported net sales were JPY 57,530 million compared to JPY 53,384 million last year. Operating profit was JPY 213 million compared to loss of JPY 332 million last year. Ordinary profit was JPY 277 million compared to loss of JPY 333 million last year. Profit was JPY 122 million compared to loss JPY 413 million last year. Basic earnings per share were JPY 1.57 compared to loss per share of JPY 5.31 last year.
For the year ending August 31, 2019, the company expects net sales of JPY 260,000 million. Operating income is expected to be JPY 4,800 million. Ordinary income is expected to be JPY 5,000 million. Profit is expected to be JPY 3,700 million. Basic earnings per share is expected to be JPY 47.49.
For the second quarter ending February 28, 2019, the company expects net sales of JPY 124,100 million. Operating income is expected to be JPY 1,500 million. Ordinary income is expected to be JPY 1,520 million. Profit is expected to be JPY 1,100 million. Basic earnings per share is expected to be JPY 14.12.
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, 2018; Provides Earnings Guidance for the Second Quarter Ending February 28, 2019 and Year Ending August 31, 2019
KOJIMA CO.,LTD. 
