Kyoto Kimono Yuzen Co., Ltd. Provides Year-End Dividend Guidance for the Year Ending March 31, 2016; Announces Consolidated Earnings Results for the Third Quarter Ended December 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
January 29, 2016 at 08:30 pm IST
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Kyoto Kimono Yuzen Co. Ltd. provided dividend guidance for the year ending March 31, 2016. For the period, the company expects to pay a year-end dividend of JPY 30.00 per share against JPY 30.00 per share for the same period a year ago.
The company announced consolidated earnings results for the third quarter ended December 2015. For the quarter, the company reported net sales of JPY 9,941 million compared with JPY 10,849 million for the same period a year ago. Operating income was JPY 311 million compared with JPY 609 million for the same period a year ago. Ordinary income was JPY 412 million compared with JPY 675 million for the same period a year ago. Profit attributable to owners of parent was JPY 301 million or JPY 25.22 per share compared with JPY 434 million or JPY 35.35 per share for the same period a year ago.
The company provided earnings guidance for the full year ending March 31, 2016. For the period, the company expects to report net sales of JPY 13,000 million, operating income of JPY 32 million, ordinary income of JPY 125 million and profit attributable to owners of parent of JPY 104 million or JPY 8.77 per share.
YU WA Creation Holdings Co Ltd, formerly YU-WA Creation Holdings Inc, is a Japan-based company mainly engaged in the sale of kimono. The Company operates through two segments. The Kimono Store Operation segment is mainly engaged in the sale of kimono and related jewelry, as well as installment sales operations. The Others segment is ancillary segment to the Kimono Store Operation segment, and is engaged in photo studio business, e-commerce business, nail salon business, and online school business.
Kyoto Kimono Yuzen Co., Ltd. Provides Year-End Dividend Guidance for the Year Ending March 31, 2016; Announces Consolidated Earnings Results for the Third Quarter Ended December 2015; Provides Earnings Guidance for the Year Ending March 31, 2016