KOMEDA Holdings Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Year Ended February 28, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020
April 10, 2019 at 02:30 am EDT
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KOMEDA Holdings Co., Ltd. reported unaudited consolidated earnings results for the year ended February 28, 2019. For the year, revenue was JPY 30,335 million against JPY 25,984 million a year ago. Operating profit was JPY 7,568 million against JPY 7,207 million a year ago. Net income was JPY 5,115 million against JPY 4,905 million a year ago. Basic earnings per share were JPY 113.35 against JPY 109.74 a year ago.
For the year ending February 29, 2020, on consolidated basis, the company expects revenue of JPY 32,833 million, operating profit of JPY 7,869 million, net income of JPY 5,318 million or basic earnings per share of JPY 116.97.
KOMEDA Holdings Co., Ltd. is a Japan-based holding company engaged in the operation of chain coffee shops. The Company operates the franchise (FC) and other related business of coffee shops with a focus on wholesale for FC member stores of coffee shops. The franchise business is developed under the brands of Komeda Coffee Shop and Okagean. For FC members, the Company selects store openings based on surveys from original data, provides design and construction know-how for store buildings and interiors, teachs coffee shop management, manufactures and wholesales food ingredients, and subleases store buildings. The Company opens directly managed stores as training facilities and model stores for FC member stores. The Company also owns the brands of Shiro Coppe and Komeda Stand.
KOMEDA Holdings Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Year Ended February 28, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020
KOMEDA HOLDINGS CO., LTD. 
