AOKI Holdings Announces Revisions to Full-year Earnings Forecasts for the
Fiscal Year Ended March 31, 2013
YOKOHAMA, Japan -- May 08, 2013
AOKI Holdings Inc. (TOKYO:8214)(ISIN:JP3105400000) has revised its full-year
earnings forecasts for the fiscal year ended March 31, 2013 that were
announced on February 7, 2013.
1. Revisions to consolidated full-year forecasts for the fiscal year ended
March 31, 2013
(April 1, 2012 – March 31, 2013)
Sales Operating Ordinary Net income
profit income income per
(Million (Million (Million (Million (Yen)
yen) yen) yen) yen)
Previous forecast 157,270 15,900 16,350 8,700 210.08
Revised forecast (B) 160,580 17,070 17,590 9,830 236.46
Change (B - A) 3,310 1,170 1,240 1,130
Percentage change 2.1 7.4 7.6 13.0
Previous fiscal year 146,591 13,766 14,584 7,087 167.07
(ended March 31,
2. Reasons for revisions
As shown in the above table, sales in the current fiscal year are likely
to exceed our previous forecast and reach a record high, mainly due to
(1) strong existing-store sales in the Fashion Business where we promoted
functional products and bolstered "freshers" sales promotions for young
men and women entering university or the workforce for the first time.
Operating profit and ordinary income are also likely to exceed our
previous forecasts and reach record high levels reflecting greater
(2) sales, but also an improvement in the gross profit margin due to an
increase in average sales per item in the Fashion Business, and
cost-cutting in the ANNIVERSAIRE and Bridal Business.
Lastly, net income is also likely to exceed our previous forecast and
(3) reach a record high reflecting greater ordinary income, but also
fewer-than-expected impairment losses thanks to firm existing-store
Above forecasts are based on judgments made in accordance with
Note: information available to management at the time this release was
prepared, and actual results may differ substantially from these
forecasts for a number of reasons.
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
AOKI Holdings Inc.
Yumiko Kawai, +81-45-941-1388
Investor/Public Relations Department
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