Kohnan Shoji Co. Ltd. Announces Consolidated Earnings Results for the Year Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2018 and for the Year Ending February 28, 2019
April 11, 2018
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Kohnan Shoji Co. Ltd. announced consolidated earnings results for the year ended February 28, 2018. For the year, the company's Net Sales were JPY 302,207 million. Operating revenue was JPY 13,874 million. Operating profit was JPY 17,372 million. Ordinary income was JPY 16,170 million. Profit was JPY 10,031 million. Diluted earnings per share were JPY 290.83. Income before income taxes was JPY 14,666. Net cash provided by operating activities was JPY 19,501 million. Purchase of property, plant and equipment was JPY 16,114 million. Purchase of intangible assets was JPY 211 million.
The company provided non-consolidated earnings guidance for the six months ending August 31, 2018. For the period, the company expects to report operating revenue of JPY 166,350 million, operating profit of JPY 10,830 million, ordinary profit of JPY 10,130 million, profit of JPY 5,620 million and earnings per share of JPY 162.98.
The company provided non-consolidated earnings guidance for the year ending February 28, 2019. For the year, the company expects to report operating revenue of JPY 323,700 million, operating profit of JPY 18,500 million, ordinary profit of JPY 17,000 million, profit of JPY 10,200 million and earnings per share of JPY 295.81.
KOHNAN SHOJI CO., LTD is mainly engaged in the operation of home centers. The Company is also engaged in the purchase and wholesale of construction materials, cultivation and wholesale of gardening plants, the operation of animal hospital, as well as the leasing of real estate business.
Kohnan Shoji Co. Ltd. Announces Consolidated Earnings Results for the Year Ended February 28, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2018 and for the Year Ending February 28, 2019