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 firstname.lastname@example.org
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AOKI Holdings Announces Consolidated Financial Results for the Fiscal Year Ended March 31, 2013
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