NPC Incorporated Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2012; Provides Earnings Guidance for the Year Ending August 31, 2013
NPC Incorporated reported consolidated earnings results for the first quarter ended November 30, 2012. For the quarter, the company reported net sales were $452,829,000 against $2,186,906,000 a year ago. Operating loss was $431,626,000 against $321,729,000 a year ago. Ordinary loss was $331,746,000 against $368,966,000 a year ago. Loss before income taxes and minority interests was $331,746,000 against $368,966,000 a year ago. Net loss was $335,691,000 or $15.22 per share against $233,673,000 or $12.57 per share a year ago. Net cash used in operating activities was $240,668,000 against $628,791,000 a year ago. Purchase of property, plant and equipment was $2,780,000 against $37,281,000 a year ago. Purchase of intangible assets was $859,000 against $362,000 a year ago.
For fiscal year ending August 31, 2013, the company expects net sales of ¥10,493 million, operating income of ¥147 million, ordinary income of ¥92 million, net income of ¥274 million or ¥12.45 per share.