Watabe Wedding Corporation Announces Unaudited Consolidated Earnings Results for Six Months Ended Sept. 30, 2017; Provides Earnings Guidance for the Full Year Ending March 31, 2018
Watabe Wedding Corporation announced unaudited consolidated earnings results for six months ended Sept. 30, 2017. For the period, the company reported net sales of ¥21,313 million, operating loss of ¥264 million, ordinary loss of ¥230 million, loss attributable to owners of parent of ¥247 million, loss per share of ¥24.95, return on equity of 42.8% compared to the net sales of ¥20,677 million, operating loss of ¥247 million, ordinary loss of ¥704 million, loss attributable to owners of parent of ¥611 million, loss per share of ¥61.73, return on equity of 49.1% for the same period a year ago. Net cash provided by operating activities was ¥986 million against ¥487 million a year ago. Purchase of property, plant and equipment was ¥1,611 million against ¥988 million a year ago.
Purchase of intangible assets was ¥41 million against ¥97 million a year ago.
The company provides earnings guidance for the full year ending March 31, 2018. For the year ending March 31, 2018. The company forecast net sales of ¥45,000 million, operating profit of ¥100 million, ordinary profit of ¥200 million, profit attributable to owners of parent of ¥100 million, earnings per share of ¥10.09.