AOKI Holdings Announces Revisions to Earnings Forecasts for the Fiscal Year Ending March 31, 2014 Business Wire 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) Net Sales Operating Ordinary Net income profit income income per share (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 (Reference) 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 strong. 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 Business. (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, 2013 (Thursday). 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 email@example.com
AOKI Holdings Announces Revisions to Earnings Forecasts for the Fiscal Year Ending March 31, 2014
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