Izumi Co.,Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2014; Provides Dividend Guidance for the Fiscal Year Ending February 28, 2015; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2015
January 10, 2015 at 10:59 am
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IZUMI Co.,Ltd. reported consolidated earnings results for the nine months ended November 30, 2014. For the nine months, the company reported operating revenue of JPY 423,117 million compared to JPY 404,788 million a year ago. Operating income was JPY 20,579 million compared to JPY 20,308 million a year ago. Ordinary income was JPY 20,320 million compared to JPY 19,739 million a year ago. Net income was JPY 12,397 million compared to JPY 11,907 million a year ago. Net income per share was JPY 172.53 compared to JPY 160.81 a year ago. Net cash provided by operating activities was JPY 40,954 million compared to JPY 31,835 million a year ago.
The company provided dividend guidance for the fiscal year ending February 28, 2015. For the year, the company expects dividend of JPY 23.00 per share. Dividend for the same period a year ago was JPY 23.00 per share.
The company provided consolidated earnings guidance for the fiscal year ending February 28, 2015. For the year, the company expects operating revenue of JPY 580,000 million, operating income of JPY 31,100 million, ordinary income of JPY 30,100 million, net income of JPY 17,500 million and net income per share of JPY 243.54.
IZUMI CO., LTD. is a Japan-based company mainly engaged in the general retail business. The Company operates through two business segments. The Retail segment is engaged in the sale of clothing, housing-related goods and food products through its shopping centers, general merchandise stores (GMSs) and supermarkets. The Retail-related segment is engaged in the credit and finance business, the management of shop facilities, as well as the operation of restaurants. The Company is also engaged in the wholesale business and the real estate leasing business.
Izumi Co.,Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2014; Provides Dividend Guidance for the Fiscal Year Ending February 28, 2015; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2015