11.11.2013 16:00:00
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AOKI Holdings Announces Summary Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2014 (Six Months Ended September 30, 2013)
AOKI Holdings Inc. (TOKYO:8214)(ISIN:JP3105400000) announced its consolidated financial results for the Second Quarter of the fiscal year ending March 31, 2014.
In the first half of the current fiscal year, the Japanese economy remained on a modest recovery path thanks to the reversal of the Japanese yen's appreciation and higher share prices triggered by the government's economic policies and other factors. However, the outlook remained uncertain overall, despite a showing positive signs in personal consumption in some segments, because of delays in the recovery of incomes, rising raw materials prices, and concerns of a slowdown of the economy after the consumption tax rate is hiked.
In this environment, the AOKI Group implemented various measures in each business segment as discussed below and recorded higher sales and profits. Sales increased 8.8% year-on-year to 73,381 million yen, operating profit increased 6.2% to 3,272 million yen, ordinary income increased 11.8% to 3,648 million yen, and net income increased 2.4% to 1,946 million yen.
Consolidated Financial Results for the Six Months Ended September 30, 2013, summarized below. Complete details are Available at: http://ir.aoki-hd.co.jp/en/IRFiling/Results.html
Note: The original disclosure in Japanese was released on November 7, 2013 at 14:15 (GMT +9).
(All amounts are rounded down to the nearest million yen) |
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1. Consolidated Financial Results for the Six Months Ended September 30, 2013 |
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(April 1, 2013 – September 30, 2013) |
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(1) Consolidated results of operations |
(Percentages represent year-on-year changes) |
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Sales | Operating profit | Ordinary income | Net income | |||||||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | |||||||||
Six months ended Sep. 30, 2013 | 73,381 | 8.8 | 3,272 | 6.2 | 3,648 | 11.8 | 1,946 | 2.4 | ||||||||
Six months ended Sep. 30, 2012 | 67,425 | 8.8 | 3,083 | 34.2 | 3,263 | 15.8 | 1,901 | 23.7 |
Note: Comprehensive income (million yen) | Six months ended Sep. 30, 2013: | 2,040 (up 15.2%) | ||||
Six months ended Sep. 30, 2012: | 1,770 (up 14.7%) |
Net income per share | Diluted net income per share | |||
Yen | Yen | |||
Six months ended Sep. 30, 2013 | 46.92 | - | ||
Six months ended Sep. 30, 2012 | 45.63 | 45.58 |
(2) Consolidated financial position |
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Total assets | Net assets | Equity ratio | ||||
Million yen | Million yen | % | ||||
As of Sep. 30, 2013 | 190,954 | 112,936 | 59.1 | |||
As of Mar. 31, 2013 | 193,664 | 111,484 | 57.5 |
Reference: Shareholders’ equity (million yen) | As of Sep. 30, 2013: | 112,936 | As of Mar. 31, 2013: | 111,405 |
2. Dividends |
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Dividend per share | ||||||||||
1Q-end | 2Q-end | 3Q-end | Year-end | Total | ||||||
Yen | Yen | Yen | Yen | Yen | ||||||
FY3/13 | - | 20.00 | - | 25.00 | 45.00 | |||||
FY3/14 | - | 30.00 | ||||||||
FY3/14 (forecasts) | - | 30.00 | 60.00 | |||||||
Note: Revisions to the most recently announced dividend forecast: None |
3. Consolidated Forecast for the Fiscal Year Ending March 31, 2014 (April 1, 2013 – March 31, 2014) |
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(Percentages represent year-on-year changes) |
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Sales | Operating profit | Ordinary income | Net income | Net income per share | ||||||||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | Yen | ||||||||||
Full year | 177,450 | 10.5 | 19,300 | 13.0 | 19,800 | 12.6 | 10,850 | 10.4 | 261.28 | |||||||||
Note: Revisions to the most recently announced consolidated forecast: Yes |
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About AOKI Group
As a corporate group that continues to break the mold and innovate, the AOKI Group has worked to meet the needs of customers in a variety of life scenes. This has led to our expansion into new markets, including the bridal and entertainment businesses.
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