Komehyo Co.,Ltd. Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020
February 14, 2020 at 11:30 am IST
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Komehyo Co.,Ltd. announced consolidated financial results for the nine months ended December 31, 2019. For the nine months, the company reported net sales of JPY 42,728 million against JPY 37,457 million a year ago. Operating income was JPY 477 million compared to JPY 1,409 million a year ago. Net income attributable to owners of the parent was JPY 163 million compared to JPY 913 million. Basic earnings per share was JPY 14.9 compared to JPY 83.33 a year ago.
For the fiscal year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 56,800 million, operating income of JPY 300 million, net income attributable to owners of the parent of JPY 40 million and basic earnings per share of JPY 3.65.
For the fiscal year ending March 31, 2020, on non-consolidated basis, the company expects net sales of JPY 48,500 million, operating income of JPY 450 million, net income of JPY 300 million and basic earnings per share of JPY 27.38.
For the fiscal year ending March 31, 2020, the company expects to pay dividend of JPY 16.00 per share against JPY 16.00 per share a year ago.
Komehyo Holdings Co Ltd, formerly Komehyo Co Ltd, is a Japan-based company mainly engaged in the brand fashion business, the tire and wheel business and other business. The Company operates in two business segments. The Brand Fashion segment is involved in the purchase, sale, brokerage and auction management of new and used jewelry products, precious metals, watches, bags, clothing, kimono, cameras, musical instruments and others, as well as the sale of apparels, sneakers and shoe care products. The Tire and Wheel segment is involved in the planning, research, development, manufacture and sale of tires and wheels for passenger cars, automobile supplies and parts. The Company is also engaged in the leasing of real estate properties.
Komehyo Co.,Ltd. Announces Consolidated Financial Results for the Nine Months Ended December 31, 2019; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2020