Xebio Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016; Provides Consolidated Earnings Guidance for Full Year 2017
November 11, 2016 at 08:22 pm IST
Share
Xebio Co., Ltd. reported consolidated earnings results for the second quarter and six months ended September 30, 2016. For the six months, on consolidated basis, reported net sales of JPY 112,985 million compared to JPY 110,829 million a year ago. Operating profit was JPY 5,499 million compared to JPY 5,019 million a year ago. Ordinary profit was JPY 4,832 million compared to JPY 5,192 million a year ago. Net profit was JPY 2,456 million compared to JPY 3,075 million a year ago. Capital expenditure was JPY 2,953 million. Net cash from operating activities was JPY 4,276 million compared to JPY 2,187 million a year ago.
For the three months, on consolidated basis, reported net sales of JPY 54,328 million, operating profit was JPY 1,549 million, ordinary profit was JPY 921 million and net profit was JPY 346 million. Capital expenditure was JPY 7,073 million.
Company provides consolidated earnings guidance for the full year 2017; company expects net sales of JPY 118,878 million, operating profit of JPY 5,677 million, ordinary profit of JPY 5,979 million and net profit of JPY 3,340 million.
XEBIO holding Co., Ltd., formerly XEBIO CO., LTD., is a Japan-based company mainly engaged in general retail business centered on sporting goods, utensils and clothing. It is also engaged in sports marketing business, product development business, credit card business and Website operation business. The sports business division operates sports specialty shops and golf specialty shop business, as well as casual clothing business. The fashion apparel division includes next business and X'tyle business. The Others operate sports glasses and sunglasses specialty stores and sports drug specialty shops. The company is also engaged in other businesses, such as marketing agent business, overseas contact service, research and development business, group corporate contract business.
Xebio Co., Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016; Provides Consolidated Earnings Guidance for Full Year 2017