Oenon Holdings, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2012; Provides Earnings Guidance for the Year Ending December 31, 2012
May 11, 2012
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Oenon Holdings, Inc. reported consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net sales of JPY 17,992 million against JPY 17,164 million a year ago. Operating income was JPY 185 million against JPY 140 million a year ago. Ordinary income was JPY 207 million against JPY 142 million a year ago. Income before income taxes and minority interests was JPY 226 million against loss before income taxes and minority interests of JPY 353 million a year ago. Net income was JPY 37 million or JPY 0.58 per share against net loss of JPY 215 million or JPY 3.30 per share a year ago.
For the full year 2012, the company forecasted net sales of JPY 85,000 million, operating income of JPY 2,650 million, ordinary income of JPY 2,500 million, income before income taxes and minority interests of JPY 2,350 million and net income of JPY 1,200 million.
Oenon Holdings, Inc. is a Japan-based holding company mainly engaged in the liquor business. The Company operates in four business segments. The Liquor segment is engaged in the production, sale, transportation and cargo handling of shochu (Japanese spirits), shochu-based beverage, sake, synthetic sake, plum wine, processed liquor and wines, as well as the restaurant business. The Processing Starch segment is engaged in the sale of starch for processing. The Enzyme and Pharmaceutical segment is engaged in the production and sale of enzymes, bulk drugs, diagnostic drugs and others. The Real Estate segment is engaged in the purchase, sale and leasing of real estate.
Oenon Holdings, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2012; Provides Earnings Guidance for the Year Ending December 31, 2012
OENON HOLDINGS, INC. 
