Chiyoda Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018; Announces Dividend for the Six Months Ended August 31, 2017, Payable on November 2, 2017; Provides Dividend Guidance for the Fiscal Year Ending February 28, 2018
October 10, 2017
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Chiyoda Co. Ltd. announced consolidated and non-consolidated earnings results for the six months ended August 31, 2017. For the period, on consolidated basis, the company reported net sales of ¥67,238 million, operating profit of ¥4,536 million, ordinary income of ¥4,777 million, net income for the year attributable to owners of parents of ¥3,064 million or ¥82.29 per diluted share and net income before income taxes of ¥4,685 million compared to the net sales of ¥71,429 million, operating profit of ¥4,417 million, ordinary income of ¥4,650 million, net income of ¥2,553 million or ¥67.22 per diluted share and net income before income taxes of ¥4,365 million a year ago.
For the period, on non-consolidated basis, the company reported net sales of ¥50,811 million, operating income of ¥4,333 million, ordinary income of ¥4,868 million, net income of ¥3,290 million or ¥88.36 per diluted share compared to net sales of ¥53,233 million, operating income of ¥4,353 million, ordinary income of ¥4,859 million, net income of ¥2,933 million or ¥77.23 per diluted share a year ago.
The company announced dividend of ¥36 per share for the six months ended August 31, 2017 against ¥35 per share paid a year ago. Scheduled start date of dividend payment is November 2, 2017.
For the fiscal year ending February 28, 2018, the company expects year-end dividend of ¥36 per share against ¥35 per share paid a year ago.
For the fiscal year ending February 28, 2018, on consolidated basis, the company expects net sales of ¥136,000 million, operating profit of ¥8,400 million, ordinary income of ¥8,600 million, net income for the year attributable to owners of parents of ¥4,900 million and net income per share of ¥132.19.
For the fiscal year ending February 28, 2018, on non-consolidated basis, the company expects net sales of ¥100,500 million, ordinary income of ¥8,200 million, net income of ¥5,300 million and net income per share of ¥142.98.
CHIYODA CO.,LTD. is mainly engaged in retail and wholesale of shoes and clothing. The Company operates in two business segments. The Shoes segment is engaged in retail and wholesale of shoes. The Clothing segment is engaged in the retail of clothing. Stores include TOKYO SHOES RETAILING CENTER, SHOE PLAZA, CHIYODA HAKI-GOKOCHI, Chiyoda, cloverleaf, SPC, SHOE PLAZA PARK, SHOES Paletta, VifVif by cloverleaf, COURIPIE and NATURA. The brands include HYDRO-TECH, CEDAR CREST, Bio Fitter, Cristiano Rossani, fuwaraku, cloverleaf, ChiffonFit, KIREI WALK, FILA, be GAIA, Regent Street, Shutte, ELLE SPORT, McGREGOR, TEXACO, OCEAN PACIFIC, Yukiko Kimijima, Zipper, SAVOY, GERRY COSBY, SURPLUS, reyn spooner and AMERICANINO EDWIN.
Chiyoda Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2018; Announces Dividend for the Six Months Ended August 31, 2017, Payable on November 2, 2017; Provides Dividend Guidance for the Fiscal Year Ending February 28, 2018