Lihit Lab., Inc. Reports Consolidated and Company Earnings Results for the Year Ended February 28, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2015; Provides Dividend Guidance for Year Ending February 28, 2015
July 10, 2014
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Lihit Lab., Inc. reported consolidated and company earnings results for the year ended February 28, 2014. For the year, on consolidated basis the company reported net sales of JPY 2,775,000,000 compared to JPY 2,683,000,000 reported a year ago. Operating profit was JPY 173,000,000 compared to JPY 226,000,000 reported a year ago. The ordinary profit was JPY 189,000,000 compared to JPY 324,000,000 a year ago. Net profit was JPY 110,000,000 or JPY 6.49 per share compared to JPY 206,000,000 or JPY 11.66 per share reported a year ago. The cash flow in operation was JPY 344,000,000 compared to JPY 385,000,000 a year ago.
For the second quarter of year ending February 28, 2015, the company expects net sales of JPY 4,900,000,000, operating profit of JPY 180,000,000, the ordinary profit of JPY 200,000,000, net income of JPY 120,000,000 or JPY 7.06 per share.
For the year ending February 28, 2015, the company expects net sales of JPY 9,300,000,000, operating profit of JPY 230,000,000, the ordinary profit of JPY 250,000,000, net income of JPY 150,000,000 or JPY 8.83 per share.
The company expects year end dividend and total dividend of JPY 5 per share for the year ending February 28, 2015.
LIHIT LAB., INC. is a Japan-based company mainly engaged in the manufacture and sale of office supplies, and the real estate business. The Company operates through two business segments. The Office Supplies segment is engaged in the manufacture and sale of various files, binders, clear books, cases, bags, storage and organization supplies, office equipment, medical supplies, original products and others. The Real Estate segment is involved in the leasing of owned real estate.
Lihit Lab., Inc. Reports Consolidated and Company Earnings Results for the Year Ended February 28, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2015; Provides Dividend Guidance for Year Ending February 28, 2015
LIHIT LAB.,INC. 
