Aoyama Trading Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and for the Full Year Ending March 31, 2019
August 10, 2018 at 02:00 am EDT
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Aoyama Trading Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company announced net sales of JPY 58,507 million compared to JPY 60,322 million a year ago. Operating profit was JPY 3,103 million compared to JPY 4,575 million a year ago. Profit attributable to owners of parent was JPY 1,703 million or JPY 33.86 per basic and diluted share compared to JPY 2,911 million or JPY 56.40 per diluted share a year ago. Ordinary profit was JPY 3,395 million compared to JPY 4,873 million a year ago.
The company provided consolidated earnings guidance for the six months ending September 30, 2018 and for the full year ending March 31, 2019. For the six months, the company expects net sales to be JPY 261,500 million, operating income of JPY 20,000 million, ordinary income of JPY 20,600 million and profit attributable to owners of parent company of JPY 11,400 million or JPY 228.10 per basic share.
For the full year, the company expects to report net sales to be JPY 110,600 million, operating income of JPY 2,700 million, ordinary income of JPY 3,000 million and profit attributable to owners of parent company of JPY 1,400 million or JPY 28.01 per basic share.
AOYAMA TRADING Co., Ltd. is a Japan-based company mainly engaged in business related to clothing items. The Company operates in six business segments. The Business Wear business sells men's and women's business wear and related western goods, commissions correction processing of ready-made clothes, plans for in-store and outside performances, and plans sales consumables. The Casual business is engaged in the sale of casual clothing. The Card business is engaged in the provision of retail finance and credit services. The Printing and Media business is engaged in the printing various flyers and catalogs, publishing magazines, printing and sending direct mail. The Miscellaneous Goods Sales business sells daily miscellaneous goods and processed foods and operates Daiso & Aoyama 100 Yen Plaza. The Comprehensive Repair Service business provides comprehensive repair services such as shoe repair and key duplication. The Company is also engaged in reuse business and restaurant business.
Aoyama Trading Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2018; Provides Earnings Guidance for the Six Months Ending September 30, 2018 and for the Full Year Ending March 31, 2019