Watami Co., Ltd. Announces Year End Dividend for the Year Ended March 2018, Payable on June 19, 2018; Provides Year End Dividend Guidance for the Year Ending March 2019; Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 2018; Provides Earnings Guidance for the Half Year Period Ending September 2018; Provides Earnings Guidance for the Full Year Ending March 2019
May 15, 2018 at 07:00 am
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Watami Co., Ltd. announced a year end dividend of ¥7.50 per share for the year ended March 2018. Dividend payable date is June 19, 2018.
The company expects to pay year end dividend of ¥5 per share for the year ending March 2019.
Watami Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended March 2018. For the year, the company reported net sales of ¥96,458 million, operating profit of ¥656 million, ordinary profit of ¥1,636 million, profit attributable to owners of parent of ¥150 million or ¥3.86 basic per share, cash flows from operating activities of ¥5,221 million compared to the net sales of ¥100,312 million, operating profit of ¥182 million, ordinary profit of ¥717 million, loss attributable to owners of parent of ¥1,833 million or ¥46.89 basic per share, cash flows from operating activities of ¥3,042 million for the previous year. Return on equity was 0.9% compared to negative rate of return on equity of 10.3% for the previous year. Net assets per share was ¥413.16 compared to ¥424.59 for the previous year.
For the year non-consolidated basis, net sales were ¥85,978 million compared to ¥83,341 million a year ago. Operating profit was ¥691 million compared to ¥369 million a year ago. Ordinary profit was ¥1,448 million compared to ¥477 million a year ago. Profit was ¥59 million compared to loss of ¥1,180 million a year ago. Basic earnings per share were ¥1.51 compared to loss of ¥30.19 a year ago.
For half year period ending September 2018, the company forecast net sales of ¥44,600 million, operating loss of ¥500 million, ordinary loss of ¥400 million, loss attributable to owners of parent of ¥700 million or ¥-17.90 basic per share.
For full year ending March 2019, the company forecast net sales of ¥94,300 million, operating income of ¥700 million, ordinary income of ¥900 million, profit attributable to owners of parent of ¥200 million or ¥5.11 basic per share.
WATAMI CO.,LTD. is a Japan-based company mainly engaged in the restaurants business, the home delivery business, the agriculture business and the environmental business. The Company has five business segments. The Domestic Restaurant segment is engaged in the operation of restaurants, the manufacture and wholesale of ingredients, as well as the delivery of liquors and beverages to directly managed stores and franchise stores. The Home Delivery segment is engaged in the sale and delivery of food material sets and prepared dishes. The Overseas Restaurant segment is engaged in the franchise business, the strategic planning and execution of overseas expansion, as well as the operation of restaurants in overseas. The Environmental segment is engaged in the power retail business, the wind power generation business and the circulation services business. The Agriculture segment is engaged in the production and sale of agricultural products and processed agricultural products.
Watami Co., Ltd. Announces Year End Dividend for the Year Ended March 2018, Payable on June 19, 2018; Provides Year End Dividend Guidance for the Year Ending March 2019; Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended March 2018; Provides Earnings Guidance for the Half Year Period Ending September 2018; Provides Earnings Guidance for the Full Year Ending March 2019