AOKI Holdings Announces Revisions to Full-year Earnings Forecasts for the Fiscal Year Ended March 31, 2013 Business Wire 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) Net Sales Operating Ordinary Net income profit income income per share (Million (Million (Million (Million (Yen) yen) yen) yen) yen) Previous forecast 157,270 15,900 16,350 8,700 210.08 (A) 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 (%) (Reference) Previous fiscal year 146,591 13,766 14,584 7,087 167.07 (ended March 31, 2012) 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 sales. 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 entertainment businesses. Contact: AOKI Holdings Inc. Yumiko Kawai, +81-45-941-1388 Investor/Public Relations Department firstname.lastname@example.org
AOKI Holdings Announces Revisions to Full-year Earnings Forecasts for the Fiscal Year Ended March 31, 2013
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