AOKI Holdings Announces Revisions to Earnings Forecasts for the Fiscal Year
Ending March 31, 2014
YOKOHAMA, Japan -- October 31, 2013
AOKI Holdings Inc. (TOKYO:8214) (ISIN:JP3105400000) has revised its first-half
earnings forecasts for the fiscal year ending March 31, 2014 that was
announced on May 10, 2013.
1. Revisions to consolidated first-half forecasts for the fiscal year ending
March 31, 2014
(April 1, 2013 – September 30, 2013)
Sales Operating Ordinary Net income
profit income income per
(Million (Million (Million (Million (Yen)
yen) yen) yen) yen)
Previous forecast (A) 73,290 2,500 2,950 1,650 39.77
Revised forecast (B) 73,380 3,270 3,650 1,950 47.00
Change (B - A) 90 770 700 300
Percentage change (%) 0.1 30.8 23.7 18.2
Previous first half 67,425 3,083 3,263 1,901 45.63
(ended Sep. 30, 2012)
2. Reasons for revisions
As shown in the above table, sales are likely to exceed our previous
forecast for a number of reasons. In the Fashion Business, the lineup of
(1) men’s and women’s Cool Biz products was strengthened, primarily for
functional products, and the 35 newly opened stores are performing well.
In the Café Complex Operations Business, sales at existing stores were
Operating profit and ordinary income are also likely to exceed our
(2) previous forecast mainly because of the benefits of cost controls in the
Fashion Business and contribution from the Café Complex Operations
(3) Finally, net income is also likely to exceed our previous forecast
mainly because of the higher ordinary income forecast.
We are currently examining the full-year earnings forecasts and plan to
announce these forecasts when first-half results are released on November 7,
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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