Tsutsumi Jewelry Co., Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2018
February 09, 2018
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Tsutsumi Jewelry Co., Ltd. announced earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of ¥13,104 million, operating income of ¥734 million, ordinary income of ¥806 million and net income of ¥486 million or ¥27.69 per share compared to net sales of ¥14,613 million, operating income of ¥709 million, ordinary income of ¥789 million and net income of ¥479 million or ¥26.03 per share reported in the same period last year.
For the fiscal year ending March 31, 2018, the company reported year end dividend forecast of ¥15.00 per share compared to ¥15.00 per share declared last year.
For the fiscal year ending March 31, 2018, the company expected to report net sales of ¥18,200 million, operating income of ¥900 million, ordinary income of ¥1,000 million and net income of ¥610 million or ¥34.70 per share.
TSUTSUMI JEWELRY CO., LTD. is a Japan-based jewelry company. The Company is engaged in the manufacture, wholesale and retail of jewelry, such as rings, necklaces, bracelets and other accessories. The Company sells its products through its direct jewelry specialty stores.
Tsutsumi Jewelry Co., Ltd. Announces Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018; Provides Year End Dividend Guidance for the Fiscal Year Ending March 31, 2018