TETSUJIN Inc. Announces Consolidated Earnings Results for the First Quarter Ended November 30, 2012; Provides Dividend Guidance for the Year Ending August 2013; Provides Earnings Guidance for the Six Months Ending February 2013 and Full Year Ending August 2013
January 15, 2013
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TETSUJIN Inc. announced consolidated earnings results for the first quarter ended November 30, 2012. For the quarter, the company reported net loss of JPY 149 million or JPY 4,804.79 net loss per share on net sales of JPY 2,213 million compared to net loss of JPY 62 million or JPY 1,954.38 net loss per share on net sales of JPY 2,072 million for the corresponding period last year. Operating and ordinary loss were JPY 182 million and JPY 207 million against JPY 44 million and JPY 71 million for the same period last year.
The company provided dividend guidance for the year ending August 2013. The company forecasts dividend of JPY 1,500.00.
The company provided earnings guidance for the six months ending February 2013 and full year ending August 2013. For the half year, the company forecasts net income of JPY 36 million or JPY 1,190.67 net income per share on net sales of JPY 5,114 million. The company forecasts operating and ordinary income of JPY 224 million and JPY 160 million.
For the full year, the company forecasts net income of JPY 176 million or JPY 5,712.97 net income per share on net sales of JPY 10.504 million. The company forecasts operating and ordinary income of JPY 575 million and JPY 458 million.
TETSUJIN Holdings Inc, formerly Tetsujin Inc, is engaged in the karaoke room management business, as well as the food and beverage business, beauty business, and media and content planning business. The Company operates through four segments. The Karaoke Room Management segment operates karaoke stores under the KARATEZ brand in the Tokyo metropolitan area. The Food and Beverage segment focuses on the ramen business under the Naokyu brand, and sells to directly managed stores as well as franchisee stores and retail distribution companies. It also operates Kyoto Katsugyu and Akakara. The Beauty segment operates eyelash extension and nail salons under the Bianca brand in the Tokyo metropolitan area and the Rich to brand in the Chukyo area. The Media and Content Planning segment is engaged in the production, sale, and distribution of mobile content for mobile phones. The Company also carry out collaboration projects such as anime.
TETSUJIN Inc. Announces Consolidated Earnings Results for the First Quarter Ended November 30, 2012; Provides Dividend Guidance for the Year Ending August 2013; Provides Earnings Guidance for the Six Months Ending February 2013 and Full Year Ending August 2013