Doshisha Co.,Ltd. Announces Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated and Non Consolidated Earnings Guidance for the Six Months Ending September 2020 and Full Year Ending March 2020
May 13, 2019 at 07:00 am
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Doshisha Co.,Ltd. announced consolidated and non consolidated earnings results for the year ended March 31, 2019. For the full year, the company reported net sales of ¥98,668 million against ¥103,589 million a year ago. Operating profit was ¥5,561 million against ¥7,769 million a year ago. Profit attributable to owners of parent was ¥4,263 million against ¥5,490 million a year ago. Diluted earnings per share were ¥114.47 against ¥151.14 a year ago. Basic earnings per share were ¥114.53 against ¥151.97 a year ago.
For the full year, on non-consolidated basis, the company reported net sales of ¥90,518 million against ¥96,181 million a year ago. Operating profit was ¥4,873 million against ¥6,972 million a year ago. Profit was ¥3,616 million against ¥5,200 million a year ago. Diluted earnings per share were ¥97.10 against ¥143.16 a year ago. Basic earnings per share were ¥97.15 against ¥143.95 a year ago.
For the period ending September 2019, the company expects net sales of ¥50,000 million, operating profit of ¥3,100 million and profit attributable to owners of parent of ¥2,150 million or ¥58.06 basic earnings per share.
For the full year ending March 2020, the company expects net sales of ¥103,000 million, operating profit of ¥6,700 million and profit attributable to owners of parent of ¥4,650 million or ¥126.63 basic earnings per share.
For the period ending September 2020, on non-consolidated basis the company expects net sales of ¥45,000 million and profit of ¥1,800 million or ¥48.61 basic earnings per share.
For the full year ending March 2020, on non-consolidated basis the company expects net sales of ¥93,000 million and profit attributable to owners of parent of ¥4,100 million or ¥111.66 basic earnings per share.
DOSHISHA CO., LTD. is a Japan-based company mainly engaged in the wholesale business of lifestyle-related products. The Company operates in two business segments. The Development Type Business Model segment is engaged in the sale of audio and video (A&V) related products, home appliances and home supplies, storage-related products, clothing, food and alcoholic beverage products, among others. The Wholesale Type Business Model Segment is engaged in the sale of watches, bags and assorted gifts. The other business is involved in the real estate business, the licensing business, the logistics business, the nursing welfare business and trading business, as well as professional services business.
Doshisha Co.,Ltd. Announces Consolidated and Non Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated and Non Consolidated Earnings Guidance for the Six Months Ending September 2020 and Full Year Ending March 2020