Bic Camera Inc. Reports Consolidated Earnings Results for the Three Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending August 31, 2018
January 11, 2018 at 01:00 am EST
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Bic Camera Inc. reported consolidated earnings results for the three months ended November 30, 2017. For the period, the company reported net sales of JPY 188,535 million against JPY 179,279 million a year ago. Operating income was JPY 3,015 million against JPY 2,447 million a year ago. Ordinary income was JPY 3,411 million against JPY 2,836 million a year ago. Net income attributable to owners of parent was JPY 1,997 million or JPY 10.65 per diluted share against JPY 1,520 million or JPY 8.11 per diluted share a year ago.
The company provided consolidated earnings guidance for the first half and full year of fiscal year ending August 31, 2018. For the first half, the company expects net sales of JPY 410,000 million, operating income of JPY 11,000 million, ordinary income of JPY 12,000 million and net income attributable to owners of the company of JPY 7,000 million or JPY 38.50 per share.
For the fiscal year ending August 31, 2018, the company expects net sales of JPY 830,000 million, operating income of JPY 25,000 million, ordinary income of JPY 26,000 million and net income attributable to owners of the company of JPY 15,000 million or JPY 82.50 per share.
BIC CAMERA INC. is a Japan-based company engaged in the sale of goods such as audio-visual products, home appliances and information communication equipment products. Audio-visual products include cameras, televisions, recorder & video cameras, as well as audio products, among others. Home appliances include refrigerators, washing machines, cooking appliances, seasonal appliances, and beauty appliances. Information communication equipment products include personal computers, personal computer peripherals, computer software, and mobile phones. The Company also sells watches, second-hand computers, sporting goods, toys, glasses, contact lenses, alcoholic beverages, food, drinks, pharmaceuticals, as well as daily necessities. The Company is also involved in the broadcasting business, the logistics business, the recycling & reuse business, the communication service agency business, as well as the planning and sale of security equipment products.
Bic Camera Inc. Reports Consolidated Earnings Results for the Three Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending August 31, 2018
BIC CAMERA INC. 
