AOKI Holdings Announces Consolidated Financial Results for the Fiscal Year Ended March 31, 2013

  AOKI Holdings Announces Consolidated Financial Results for the Fiscal Year
  Ended March 31, 2013

Business Wire

YOKOHAMA, Japan -- May 16, 2013

AOKI Holdings Inc. (TOKYO:8214)(ISIN:JP3105400000) announced its consolidated
financial results for the fiscal year ended March 31, 2013.

In the fiscal year under review, the Japanese economy initially decelerated
further due to the impact of slowing overseas economies and the yen's
protracted appreciation, but consumer sentiment improved from around the end
of 2012 as expectations over the government's economic policies caused the yen
to depreciate and share prices to rise.

In the menswear retail industry, personal consumption did not recover as
employment and income conditions remained harsh, but sales of heavy and warm
clothes were solid from autumn due to lower-than-average temperatures as were
sales in spring to "freshers," men and women entering university or the
workforce for the first time.

In this environment, the AOKI Group implemented various measures in each
business segment to respond to the changing environment and focused on
evolving its business formats in pursuit of further growth.

As a result of these initiatives, business performance in the fiscal year
under review as follows:

Sales             160,589 million yen  (up 9.5% year-on-year)
Operating profit   17,078 million yen    (up 24.1% year-on-year)
Ordinary income    17,590 million yen    (up 20.6% year-on-year)
Net income         9,832 million yen     (up 38.7% year-on-year)
                                         

Profits rose sharply to new record highs at each level following the previous
fiscal year.

Consolidated Financial Results for the Fiscal Year Ended March 31, 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 May 10, 2013 at
14:15 (GMT +9).
(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2013
(Apr. 1, 2012 – Mar. 31, 2013)
(1) Consolidated results of  (Percentages shown for sales and incomes
operations                    represent year-on-year changes)
         Sales             Operating       Ordinary        Net income
                              profit           income
           Million    %      Million  %      Million  %      Million  %
           yen                yen              yen              yen
FY3/13     160,589     9.5    17,078    24.1   17,590    20.6   9,832     38.7
FY3/12    146,591    10.6  13,766   25.7  14,584   21.0  7,087    98.3

Note: Comprehensive income       FY3/13: 10,511 (up     FY3/12: 7,287 (up
(million yen)                     44.2%)                     122.4%)


                                Diluted net               Ordinary   Operating
       Net income per share  income       Return on  income    profit to
                                per share     equity      on total   sales
                                                          assets
         Yen                    Yen           %           %          %
FY3/13   236.51                 235.82        9.1         9.5        10.6
FY3/12  167.07                -            7.0        8.5       9.4

Reference: Equity in income of affiliates         FY3/13: -     FY3/12: -
(million yen)


(2) Consolidated financial position
              Total assets  Net assets   Equity ratio  Net assets per
                                                            share
                Million yen    Million yen   %              Yen
As of Mar.      193,664        111,484       57.5           2,698.98
31, 2013
As of Mar.     176,779       103,994      58.6          2,485.94
31, 2012

Reference: Shareholders'   As of Mar.  111,405     As of Mar.  103,589
equity (million yen)         31, 2013:                    31, 2012:


(3) Consolidated cash flow position
         Cash flows from   Cash flows from   Cash flows     Cash and cash
       operating        investing        from          equivalents
         activities        activities        financing      at end of period
                                             activities
         Million yen       Million yen       Million yen    Million yen
FY3/13   16,665            (16,402)          (975)          22,396
FY3/12  17,274           (9,044)          (3,371)       23,108


2. Dividends
             Dividend per share                                      Dividend        Dividend on
                                                            Total       payout           equity
             1Q-end  2Q-end  3Q-end  Year-end  Total   dividends   ratio            (consolidated)
                                                                        (consolidated)
              Yen      Yen      Yen      Yen        Yen     Million     %                %
                                                            yen
FY3/12        -        15.00    -        20.00      35.00   1,473       20.9             1.5
FY3/13        -        20.00    -        25.00      45.00   1,865       19.0             1.7
FY3/14       -       30.00   -       30.00     60.00            24.0            
(forecasts)


3. Consolidated Forecast for the Fiscal Year Ending March 31, 2014 (Apr. 1, 2013 –
Mar. 31, 2014)
(Percentages represent year-on-year changes)
                                                                                Net
       Sales          Operating profit  Ordinary income  Net income        income
                                                                                per
                                                                                share
       Million  %     Million  %        Million  %       Million  %        Yen
        yen             yen                yen               yen
First   73,290    8.7   2,500     (18.9)   2,950     (9.6)   1,650     (13.2)   39.97
half
Full   175,800  9.5  18,600   8.9     19,100   8.6    10,300   4.8     249.53
year
                                                                                

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
kawai.yumiko@aoki-hd.co.jp
 
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