Sac's Bar Holdings Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending March 31, 2019; Provides Dividend Guidance for the Full Year Ending March 31, 2019; Announces Year-End Dividend for the Year Ended March 31, 2018, Payable on June 27, 2018
May 08, 2018
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Sac's Bar Holdings Inc. reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported net sales of JPY 55,756 million against JPY 56,747 million a year ago. Operating income was JPY 3,800 million against JPY 4,465 million a year ago. Ordinary income was JPY 3,860 million against JPY 4,526 million a year ago. Profit attributable to owners of parent was JPY 2,221 million or JPY 75.40 per share against JPY 2,658 million or JPY 90.25 per share a year ago. ROE was 8.3% against 10.6% a year ago. ROA was 9.8% against 11.9% a year ago. Cash flow from operating activities was JPY 2,568 million against JPY 3,002 million a year ago. Profit before income taxes was JPY 3,541.652 million against JPY 4,205.193 million a year ago. Purchase of property, plant and equipment and intangible assets was 894.157 million against JPY 1,223.632 million a year ago.
The company provided consolidated earnings guidance for the six months and full year ending March 31, 2019. For the six months, the company expects net sales of JPY 27,819 million, operating income of JPY 1,925 million, ordinary income of JPY 1,947 million and profit attributable to owners of the parent of JPY 1,183 million or JPY 40.18 per share.
For the year ending March 31, 2019, the company expects net sales of JPY 56,524 million, operating income of JPY 3,929 million, ordinary income of JPY 3,939 million and profit attributable to owners of the parent of JPY 2,304 million or JPY 78.22 per share.
The company announced year-end dividend of JPY 27.00 per share compared to JPY 27.00 per share paid a year ago. Scheduled date of starting distributing dividends will be June 27, 2018.
For the year ending March 31, 2019, the company expects to pay a dividend of JPY 27.00 per share.
SAC'S BAR HOLDINGS INC. is a Japan-based holding company mainly engaged in operation and management of group company and the real estate management business. The Company is engaged in the retail sale of bags, wallets and miscellaneous goods through its subsidiaries. The Company provides its products under brand names LAPAX, SAC'S BAR, GRAN SAC'S, Amatone Accessoârio, DRASTIC THE BAGGAGE and BEAU ATOUT, among others. In addition, the Company also involves in the planning and manufacture of menâs bags and travel bags.
Sac's Bar Holdings Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending March 31, 2019; Provides Dividend Guidance for the Full Year Ending March 31, 2019; Announces Year-End Dividend for the Year Ended March 31, 2018, Payable on June 27, 2018