Watahan & Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended December 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
January 30, 2017 at 03:00 pm
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Watahan & Co.,Ltd. reported consolidated earnings results for the quarter ended December 2016. For the quarter, the company's net sales were ¥68,348 million against ¥66,887 million last year. Operating income was ¥1,514 million against ¥1,538 million last year. Ordinary income was ¥1,544 million against ¥1,571 million last year. Profit attributable to owners of the parent was ¥1,028 million or ¥104.28 per basic share against ¥1,025 million or ¥104.03 per basic share last year. Net assets per share was ¥1,202.08 against ¥1,108.88 a year ago.
For the year ended March 31, 2017, the company expects net sales of ¥96,377 million, operating income of ¥1,869 million, ordinary income of ¥1,881 million, and profit attributable to owners of the parent of ¥1,267 million or ¥128.49 per basic share.
Watahan & Co.,Ltd. is a Japan-based company primarily engaged in the retail business, construction business and trading business. The Company operates in three segments. The Retail segment is dealing with the home center items, daily goods, processed foods, fresh foods, prepared dishes etc. It also provides a one-stop shopping center where shopping is completed at one place by having a wide range of everyday necessities. The Construction segment is engaged in various construction works such as interior and exterior work, multi-purpose parking lot construction, civil engineering construction work and sales of civil engineering materials, etc. The Trading segment is engaged in the import and sales of pharmaceutical raw materials such as witepzole, acetaminophen, dalteparin, nitroglycerin etc. as well as raw materials for chemical products such as candelilla, jojoba oil, yucca, chicle etc. Other business involves in real estate leasing business.
Watahan & Co.,Ltd. Reports Consolidated Earnings Results for the Quarter Ended December 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
WATAHAN & CO.,LTD. 
