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
YOKOHAMA, Japan--(BUSINESS WIRE)-- 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 operations | (Percentages shown for sales and incomes represent year-on-year changes) | |||||||||||||||
Sales | Operating profit | Ordinary income | Net income | |||||||||||||
Million yen | % | Million yen | % | Million yen | % | Million 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 (million yen) | FY3/13: 10,511 (up 44.2%) | FY3/12: 7,287 (up 122.4%) |
Net income per share | Diluted net income | Return on equity | Ordinary income | Operating profit to | ||||||
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 (million yen) | FY3/13: - | FY3/12: - |
(2) Consolidated financial position | ||||||||
Total assets | Net assets | Equity ratio | Net assets per share | |||||
Million yen | Million yen | % | Yen | |||||
As of Mar. 31, 2013 | 193,664 | 111,484 | 57.5 | 2,698.98 | ||||
As of Mar. 31, 2012 | 176,779 | 103,994 | 58.6 | 2,485.94 | ||||
Reference: Shareholders' equity (million yen) | As of Mar. 31, 2013: | 111,405 | As of Mar. 31, 2012: | 103,589 |
(3) Consolidated cash flow position | ||||||||
Cash flows from | Cash flows from | Cash flows from | Cash and cash equivalents | |||||
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 | Total | Dividend payout | Dividend on | |||||||||||||
1Q-end | 2Q-end | 3Q-end | Year-end | Total | ||||||||||||
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 (forecasts) | - | 30.00 | - | 30.00 | 60.00 | 24.0 | ||||||||||
3. Consolidated Forecast for the Fiscal Year Ending March 31, 2014 (Apr. 1, 2013 - Mar. 31, 2014) | ||||||||||||||||||
(Percentages represent year-on-year changes) | ||||||||||||||||||
Sales | Operating profit | Ordinary income | Net income | Net income per share | ||||||||||||||
Million yen | % | Million yen | % | Million yen | % | Million yen | % | Yen | ||||||||||
First half | 73,290 | 8.7 | 2,500 | (18.9) | 2,950 | (9.6) | 1,650 | (13.2) | 39.97 | |||||||||
Full year | 175,800 | 9.5 | 18,600 | 8.9 | 19,100 | 8.6 | 10,300 | 4.8 | 249.53 | |||||||||
AboutAOKI 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.
AOKI Holdings Inc.
Yumiko Kawai, +81-45-941-1388
Investor/Public Relations Department
kawai.yumiko@aoki-hd.co.jp
KEYWORDS: United Kingdom Europe Asia Pacific Japan
INDUSTRY KEYWORDS:
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