Chikaranomoto Holdings Co., Ltd Reports Consolidated Earnings Results for the First Quarter of Fiscal Year Ending March 31, 2019; Provides Earnings Guidance for Six-Month Period Ending September 30, 2018 and Full Year Ending March 31, 2019
August 09, 2018 at 07:30 am
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Chikaranomoto Holdings Co. Ltd. reported consolidated earnings results for the first quarter of fiscal year ending March 31, 2019. For the quarter, the company reported revenue was JPY 6,334 million against JPY 5,766 million a year ago. Operating Income was JPY 87 million against JPY 103 million a year ago. Ordinary Income was JPY 82 million against JPY 124 million a year ago. Income Attributable to the Company was JPY 57 million or JPY 2.39 per diluted share against JPY 106 million or JPY 4.41 per diluted share a year ago. Quarterly income before taxes was JPY 30,307,000 against JPY 122,860,000 a year ago. Quarterly net income was JPY 40,534,000 against JPY 94,627,000 a year ago.
For the Six-month period ending September 30, 2018, the company expects Revenue of JPY 13,303 million, Operating Income of JPY 438 million, Ordinary Income of JPY 421 million, Profit Attributable to the Company of JPY 361 million or JPY 15.47 per share.
For the Year ending March 31, 2019, the company expects Revenue of JPY 28,077 million, Operating Income of JPY 1,150 million, Ordinary Income of JPY 1,100 million, Profit Attributable to the Company of JPY 740 million or JPY 31.62 per share.
Chikaranomoto Holdings Co Ltd is a Japan-based company mainly engaged in the operation of restaurants, as well as the manufacture and sale of ingredients and related products for restaurants. The Company operates in three business segments. The Domestic Store Operation segment is involved in the operation of restaurants under multiple brands such as IPPUDO, RAMEN EXPRESS, GOGYO, Najimatei, PANDA EXPRESS and Inabaudon. The Overseas Store Operation segment is involved in the operation of directly managed restaurants centering on the brand of IPPUDO, as well as the licensing business to local partner companies. The Domestic Sales segment is involved in the manufacture and sale of noodles, cup noodles, soups and seasonings for consumers and restaurants. The Company is also engaged in the overseas product sales business, the consulting business, the franchise business, and the agricultural training business.
Chikaranomoto Holdings Co., Ltd Reports Consolidated Earnings Results for the First Quarter of Fiscal Year Ending March 31, 2019; Provides Earnings Guidance for Six-Month Period Ending September 30, 2018 and Full Year Ending March 31, 2019