Kojima Co.,Ltd. Reports Earnings Results for the First Quarter Ended November 2016; Provides Earnings Guidance for the Half Year Ending February 2017 and Full Year Ending August 2017
January 11, 2017 at 08:30 pm IST
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Kojima Co.,Ltd. reported earnings results for the first quarter ended November 2016. For the year, the company reported net sales of JPY 51,126 million against JPY 49,993 million a year ago. Operating loss was JPY 603 million against JPY 854 million a year ago. Ordinary loss was JPY 594 million against JPY 871 million a year ago. Loss was JPY 856 million or JPY 10.29 per basic share against JPY 925 million or JPY 11.88 per basic share a year ago.
For the half year ending February 2017, the company expects net sales of JPY 113,000 million, operating income of JPY 200 million, ordinary income of JPY 100 million, profit of JPY 20 million or JPY 0.26 per basic share.
For the year ending August 2017, the company expects net sales of JPY 234,000 million, operating income of JPY 2,500 million, ordinary income of JPY 2,300 million, profit of JPY 1,400 million or JPY 17.97 per basic share.
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. Reports Earnings Results for the First Quarter Ended November 2016; Provides Earnings Guidance for the Half Year Ending February 2017 and Full Year Ending August 2017