Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the First Quarter September 20, 2016; Provides Earnings Guidance for the Six Months and Full Year Ending June 20, 2017
November 03, 2016
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Joyful Honda Co., Ltd. announced consolidated earnings results for the first quarter September 20, 2016. For the quarter, the company reported net sales of ¥37,409 million against ¥38,969 million a year ago. Operating income was ¥1,253 million against ¥1,675 million a year ago. Ordinary income was ¥1,538 million against ¥1,962 million a year ago. Profit before taxes and other adjustments was ¥1,461 million against ¥1,923 million a year ago. Profit attributable to parent company shareholders was ¥977 million against ¥1,275 million a year ago. Profit per share was ¥18.98 compared to ¥24.72 a year ago.
The company provided earnings guidance for the six months and full year ending June 20, 2017. For the six months, the company expects net sales of ¥81,820 million, operating income of ¥4,450 million, ordinary income of ¥5,140 million and profit attributable to parent company shareholders of ¥3,260 million or ¥63.16 per share.
For the year, the company expects net sales of ¥163,200 million, operating income of ¥8,370 million, ordinary income of ¥9,550 million and profit attributable to parent company shareholders of ¥6,200 million or ¥120.13 per share.
Joyful Honda Co Ltd is engaged in the sales of housing products including materials and professional supplies, interior and living products, and garden and farm products, the design and construction of renovation work and the sales of related products, and the sales of living products including daily necessities, pets and leisure products. The Company operates home center business and housing renovation business. The stores include large-scale retail stores and specialty retail stores. The products include material and professional supplies such as lumber, construction materials, paints, tools, hardware, work supplies and electrical parts, daily necessities such as everyday consumables, sanitary products, medicines, health care products, beverages and alcoholic beverages, garden and farm products such as flower seedlings, vegetable seedlings, plants, culture soil, fertilizer, bricks and paving stones, interior and living products such as floors, walls, windows, furniture and others.
Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the First Quarter September 20, 2016; Provides Earnings Guidance for the Six Months and Full Year Ending June 20, 2017
JOYFUL HONDA CO.,LTD. 