Yoshinoya Holdings Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended February 28, 2017. For the year, on consolidated basis, the company reported net sales of JPY 188,623 million against JPY 185,738 million for the same period in the last year. Operating income was JPY 1,865 million against JPY 1,613 million for the same period in the last year. Ordinary income was JPY 2,750 million against JPY 2,345 million for the same period in the last year. Net income attributable to owners of the parent was JPY 1,248 million or JPY 19.35 per share against JPY 837 million or JPY 13.10 per share for the same period in the last year. Income before income taxes was JPY 2,700 million against JPY 1,369 million for the same period in the last year. Rate of return on equity was 2.2% against 1.4% a year ago. Cash flows from operating activities were JPY 10,104 million against JPY 433 million a year ago. Purchase of property, plant and equipment were JPY 7,699 million against JPY 8,656 million a year ago. Purchase of intangible assets was JPY 560 million against JPY 398 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 56,565 million against JPY 56,364 million for the same period in the last year. Operating profit was JPY 289 million against loss of JPY 1,091 million for the same period in the last year. Ordinary profit was JPY 344 million against loss of JPY 1,033 million for the same period in the last year. Net profit was JPY 1,500 million or JPY 23.25 per basic share against loss of JPY 623 million or JPY 9.75 per basic share for the same period in the last year.

The company provided earnings guidance for the six months ending August 31, 2017 and for the full year ending February 28, 2018. For the six months, the company expects net sales of JPY 100,200 million, operating income of JPY 2,100 million, ordinary income of JPY 2,400 million and net income attributable to owners of the parent of JPY 1,100 million or JPY 17.05 per share.

For the year, the company expects net sales of JPY 202,000 million, operating income of JPY 4,500 million, ordinary income of JPY 5,200 million and net income attributable to owners of the parent of JPY 2,100 million or JPY 32.55 per share.

For the year-end, the company announced a dividend of JPY 10.00 per share. Scheduled date of the start of dividend payments is May 26, 2017.

For the second quarter of 2018, the company expects to pay a dividend of JPY 10.00 per share.

For the year ended Feb. 28, 2018, the company expects to pay a dividend of JPY 10.00 per share.