October 30, 2015
Company Name: Leopalace21 Corporation
Representative: Eisei Miyama, President and CEO
Code Number: 8848 (Tokyo Stock Exchange, First Section) Contact: Bunya Miyao, Executive Officer
Tel: +81-3-5350-0216
E-mail: ir@leopalace21.com
Leopalace21 Corporation ('the Company'), in consideration of recent performance, announces the following revisions to its earnings forecasts for the six months ended September 30, 2015 (April 1, 2015 through September 30, 2015) from those announced on May 11, 2015.
-
Revision of Earnings Forecasts
Revision to consolidated earnings forecasts for the six months ended September 30, 2015 (April 1, 2015 through September 30, 2015)
(Million yen)
Net sales
Operating profit
Recurring profit
Net income attributable to shareholders of the parent
Net income per share (yen)
Previous forecast (A)
253,000
8,000
7,300
6,100
23.20
Revised forecast (B)
252,300
10,400
9,600
8,200
31.24
Amount change (B - A)
(700)
2,400
2,300
2,100
Percentage change
0.3%
30.0%
31.5%
34.4%
(Reference)
Results for the six months ended September 30, 2014
233,037
6,087
5,546
5,066
19.27
Revision to non-consolidated earnings forecasts for the six months ended September 30, 2015 (April 1, 2015 through September 30, 2015)
(Million yen)
Net sales
Recurring profit
Net income
Net income per share (yen)
Previous forecast (A)
244,500
7,000
5,900
22.44
Revised forecast (B)
245,600
9,600
8,100
31.02
Amount change (B - A)
1,100
2,600
2,200
Percentage change
0.4%
37.1%
37.3%
(Reference)
Results for the six months ended September 30, 2014
234,377
5,311
4,658
17.72
- Reasons for the Revision
Although net sales are progressing in accordance with plans, operating profit, recurring profit, and net income are expected to increase compared to previous forecasts, due to a reduction in cost of goods sold and selling, general, and administrative expenses.
There are no changes to the full-year forecasts as of the present time.
Note: Revised business forecasts are calculated based on information available to the Company as of this announcement. Actual results may differ from these forecasts for a variety of reasons.
END
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