Daisyo Corporation Provides Dividend Guidance for the Second Quarter of 2017 and Full Year Ending August 31, 2017; Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2016; Provides Earnings Guidance for the Half Year Ending February 2017 and Full Year Ending August 31, 2017
January 13, 2017 at 03:30 pm
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Daisyo Corporation provided dividend guidance for the second quarter of 2017 and full year ending August 31, 2017. For the second quarter, the company expects to pay dividend of ¥6.00 per share against ¥6.00 per share paid a year ago.
For the year, the company expects to pay year end dividend of ¥8.00 per share against ¥8.00 per share paid a year ago.
The company reported consolidated earnings results for the first quarter ended of November 30, 2016. For the quarter, the company reported net sales of JPY 15,300 million compared to JPY 16,580 million a year ago. Operating loss was JPY 477 million compared to JPY 329 million a year ago. Ordinary loss was JPY 469 million compared to JPY 332 million a year ago. Loss attributable to owners of the parent was JPY 494 million compared to JPY 354 million a year ago. Basic loss per share was JPY 23.91 compared to JPY 17.15 a year ago. Net assets per share were JPY 1,080.98.
The company provided earnings guidance for the half year ending February 2017 and full year ending August 31, 2017. For the first half, the company expects net sales to be JPY 33,700 million. Operating income expected to be JPY 270 million. Ordinary income expected to be JPY 290 million. Profit attributable to owners of the parent expected to be JPY 80 million. Basic earnings per share expected to be JPY 3.87.
For the full year, the company expects net sales to be JPY 67,750 million. Operating income expected to be JPY 700 million. Ordinary income expected to be JPY 740 million. Profit attributable to owners of the parent expected to be JPY 180 million. Basic earnings per share expected to be JPY 8.70.
DAISYO CORPORATION is a Japan-based company mainly engaged in the operation of restaurant chains, as well as the related food wholesale business, the real estate business, the logistics and other services business. The Company operates in five business segments. The Restaurant segment is engaged in the operation of Shoya, Nihonkai Shoya, Daisho Suisan and other Japanese-style restaurants. The Wholesale segment is engaged in the purchase of ingredients mainly at distribution centers and the provision of ingredients to directly managed stores and franchise stores. The Real Estate segment is engaged in the leasing and management of building tenants. The Logistics segment is engaged in the delivery of food, liquor and beverages. The Company is also engaged in the manufacture and sale of drinking water, the cleaning and maintenance of commercial air conditioners, as well as the sale of tableware and cooking equipment.
Daisyo Corporation Provides Dividend Guidance for the Second Quarter of 2017 and Full Year Ending August 31, 2017; Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2016; Provides Earnings Guidance for the Half Year Ending February 2017 and Full Year Ending August 31, 2017
DAISYO CORPORATION 
