Tokyo Base Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended November 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
January 12, 2018 at 02:30 am
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Tokyo Base Co., Ltd. reported consolidated earnings results for the third quarter ended November 2017. For the quarter, the company reported net sales of JPY 9,136 million against JPY 6,387 million a year ago. Operating income was JPY 1,170 million against JPY 839 million a year ago. Ordinary income was JPY 1,170 million against JPY 836 million a year ago. Profit was JPY 807 million against JPY 541 million a year ago. Diluted earnings per share were JPY 51.13 against JPY 34.73 a year ago.
The company provided earnings guidance for the year ending February 28, 2018. For the year, the company expects net sales of JPY 12,406 million, operating income of JPY 1,757 million, ordinary income of JPY 1,757 million and profit of JPY 1,212 million or basic earnings per share of JPY 88.29.
Tokyo Base Co Ltd is engaged in the retail of clothing, personal items, and miscellaneous goods. The Company provides two kind of products. The brand products include the products purchased by the Companyâs buyers from Japanese local fashion brands. The original products are sold by the person in charge of product planning as original products in cooperation with domestic sewing manufacturers. Incorporating the opinions of the store staffs who interact with customers at the store, the prototype is produced. The Companyâs products are divided into three types: those for STUDIOUS stores, those for UNITED TOKYO stores, and those for PUBLIC TOKYO stores. The actual store sales are operated in Harajuku, Tokyo and Minamihorie, Osaka in Japan, as well as Hong Kong and mainland China. The Internet sales are operated through its own directly managed Websites such as STUDIOUS ONLINE STORE, UNITED TOKYO ONLINE STORE, PUBLIC TOKYO ONLINE STORE, and the online mall ZOZOTOWN.
Tokyo Base Co., Ltd. Reports Consolidated Earnings Results for the Third Quarter Ended November 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
TOKYO BASE CO.,LTD. 
