Kyoto Kimono Yuzen Co.,Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Dividend Guidance for the Year Ending March 2017; Provides Consolidated Earnings Guidance for the Year Ending March 2017
January 26, 2017 at 03:00 pm
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Kyoto Kimono Yuzen Co.,Ltd. announced consolidated earnings results for the third quarter ended December 31, 2016. For the quarter, the company announced net sales of JPY 9,699 million against JPY 9,941 million a year ago. Operating income was JPY 707 million against JPY 311 million a year ago. Profit attributable to owners of parent was JPY 538 million or JPY 45.11 per basic share against JPY 301 million or JPY 25.22 per basic share a year ago. Ordinary income was JPY 823 million against JPY 412 million a year ago.
The company provided dividend guidance for the year ending March 2017. For the year, the company expects to pay dividend of JPY 30.00 per share compared to the same dividend paid in the previous year.
The company provided consolidated earnings guidance for the full year ending March 2017. For the year, the company expects to report net sales of JPY 14,120 million, operating income of JPY 807 million, ordinary income of JPY 871 million and profit attributable to owners of parent of JPY 520 million or JPY 43.54 per basic share.
YU WA Creation Holdings Co Ltd, formerly YU-WA Creation Holdings Inc, is a Japan-based company mainly engaged in the sale of kimono. The Company operates through two segments. The Kimono Store Operation segment is mainly engaged in the sale of kimono and related jewelry, as well as installment sales operations. The Others segment is ancillary segment to the Kimono Store Operation segment, and is engaged in photo studio business, e-commerce business, nail salon business, and online school business.
Kyoto Kimono Yuzen Co.,Ltd. Announces Consolidated Earnings Results for the Third Quarter Ended December 31, 2016; Provides Dividend Guidance for the Year Ending March 2017; Provides Consolidated Earnings Guidance for the Year Ending March 2017