Oenon Holdings, Inc. Reports Consolidated Earnings Results for the Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending December 31, 2015
November 06, 2015
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Oenon Holdings, Inc. reported consolidated earnings results for the nine months ended September 30, 2015. For the period, the company's net sales were ¥58,136 million compared to ¥59,075 million a year ago. Operating income was ¥529 million compared to ¥411 million a year ago. Income before income taxes and minority interests was ¥397 million compared to ¥350 million a year ago. Net income was ¥147 million or ¥2.36 per share compared to net loss of ¥35 million or ¥0.57 per share a year ago.
For the year ending December 31, 2015, the company expects net sales of ¥83,000 million, operating income of ¥1,600 million, ordinary income of ¥1,400 million, income before income taxes and minority interests of ¥955 million and net income of ¥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 Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Year Ending December 31, 2015
OENON HOLDINGS, INC. 
