Treasure Factory Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended May 31, 2016; Provides Earnings Guidance for the First Half of Fiscal 2017 and Full Year Ending February 28, 2017
July 14, 2016 at 04:30 pm IST
Share
Treasure Factory Co. Ltd. reported consolidated earnings results for the first quarter ended May 31, 2016. For the quarter, the company reported net sales of JPY 3,209 million, operating income of JPY 371 million, ordinary income of JPY 377 million, net income attributable to parent company of JPY 246, net income per share of JPY 22.30.
For the half year of fiscal year ending February 28, 2017, the company expects net sales of JPY 6,192 million, operating income of JPY 410 million, ordinary income of JPY 425 million, net income attributable to parent company of JPY 262, net income per share of JPY 23.66.
For the fiscal year ending February 28, 2017, the company expects net sales of JPY 13,303 million, operating income of JPY 1,127 million, ordinary income of JPY 1,157 million, net income attributable to parent company of JPY 713, net income per share of JPY 64.38.
Treasure Factory Co.,LTD. is a Japan-based company mainly engaged in the operation of reuse shop. The Companyâs main products are second-hand goods that are reused items, including clothing, home appliances, furniture, household goods, branded goods, sports and outdoor goods, musical instruments, hobby goods, among others. The Company operates through six store formats. Treasure Factory handles a variety of reused items. Trefaku Style specializes in clothing and accessories. Brand Collect specializes in used brand clothing. Trefuf Sports specializes in sports outdoor equipment. Uselet specializes in low-cost clothing and accessories and Trefaku Market is a suburban large-scale store that mainly handles home appliances and furniture. The Company is also involved in the sale of products through the internet.
Treasure Factory Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended May 31, 2016; Provides Earnings Guidance for the First Half of Fiscal 2017 and Full Year Ending February 28, 2017