Yoshinoya Holdings Co., Ltd. Reports Consolidated and Non Consolidated Earnings Results for the Year Ended February 28, 2018; Provides Earnings Forecast for the Six Months Ending February 28, 2019 and Year Ending February 28, 2019
April 10, 2018
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Yoshinoya Holdings Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended February 28, 2018. For the year, on consolidated basis the company reported net sales of JPY 198,503 million as compared to JPY 188,623 million for the same period last year. Operating income was JPY 4,019 million as compared to JPY 1,865 million for the same period last year. Ordinary income was JPY 4,604 million as compared to JPY 2,750 million for the same period last year. Net income attributable to owners of the parent was JPY 1,491 million as compared to JPY 1,248 million for the same period last year. Basic earnings per share were JPY 23.11 as compared to JPY 19.35 for the same period last year. Rate of return on equity was 2.6% as compared to 2.2% for the same period last year. Cash flows from operating activities were JPY 9,374 million as compared to JPY 10,104 million for the same period last year. Income before income taxes was JPY 3,020 million as compared to JPY 2,700 million for the same period last year. Purchase of property, plant and equipment was JPY 7,461 million as compared to JPY 7,699 million for the same period last year. Purchase of intangible assets was JPY 637 million as compared to JPY 560 million for the same period last year.
For the year, on non-consolidated basis the company reported net sales of JPY 56,234 million as compared to JPY 56,565 million for the same period last year. Operating loss was JPY 415 million as compared to profit JPY 281 million for the same period last year. Ordinary loss was JPY 182 million as compared to income of JPY 344 million for the same period last year. Net loss was JPY 375 million as compared to income of JPY 1,500 million for the same period last year. Basic loss per share was JPY 5.82 as compared to earnings per share of JPY 23.25 for the same period last year. Rate of return on equity was 2.6% as compared to 2.2% for the same period last year.
For the six months ending August 31, 2018 the company expects net sales of JPY 105,000 million, operating income of JPY 2,000 million, ordinary income of JPY 2,300 million, net income attributable to owners of the parent of JPY 1,350 million and basic earnings per share of JPY 20.92.
For the full year ending February 28, 2019 the company expects net sales of JPY 211,000 million, operating income of JPY 4,100 million, ordinary income of JPY 4,700 million, net income attributable to owners of the parent of JPY 1,700 million and basic earnings per share of JPY 26.34.
YOSHINOYA HOLDINGS CO.,LTD. is a Japan-based company engaged in the restaurant business. The Company operates in five business segments. Yoshinoya segment is involved in the management of fast food stores offering beef bowls and the management guidance to franchise stores in Japan. Hanamaru segment is involved in the management of fast food stores, such as self-style Sanuki Udon and the management guidance to franchise stores in Japan. Arcmeal segment is involved in the management of steak and shabu-shabu restaurants. Kyotaru segment is involved in the operation of the take-out shops for sushi and the revolving sushi restaurants. Overseas segment is involved in the management of fast food restaurants offering beef bowls and self-style Sanuki Udon, as well as the management guidance to franchise stores in other regions, such as the United States, China and ASEAN.
Yoshinoya Holdings Co., Ltd. Reports Consolidated and Non Consolidated Earnings Results for the Year Ended February 28, 2018; Provides Earnings Forecast for the Six Months Ending February 28, 2019 and Year Ending February 28, 2019