Komeda Holdings Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020; Provides Dividend Guidance for the Year Ending February 29, 2020
January 10, 2020 at 01:30 am EST
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KOMEDA Holdings Co., Ltd. reported unaudited consolidated earnings results for the nine months ended November 30, 2019. For the period, revenue was JPY 23,147 million against JPY 22,292 million a year ago. Operating profit was JPY 5,905 million against JPY 5,580 million a year ago. Net income was JPY 4,000 million against JPY 3,776 million a year ago. Basic earnings per share were JPY 87.45 against JPY 83.78 a year ago. Diluted earnings per share were JPY 86.99 against JPY 82.61 a year ago.
For the year ending February 29, 2020, on consolidated basis, the company expects revenue of JPY 30,638 million, operating profit of JPY 7,869 million, net income of JPY 5,318 million or basic earnings per share of JPY 116.97.
For the year ending February 29, 2020, the company forecasts dividend of ¥26.00 per share against ¥25.00 per share paid for the same period a year ago.
KOMEDA Holdings Co., Ltd. is a Japan-based holding company engaged in the operation of chain coffee shops. The Company operates the franchise (FC) and other related business of coffee shops with a focus on wholesale for FC member stores of coffee shops. The franchise business is developed under the brands of Komeda Coffee Shop and Okagean. For FC members, the Company selects store openings based on surveys from original data, provides design and construction know-how for store buildings and interiors, teachs coffee shop management, manufactures and wholesales food ingredients, and subleases store buildings. The Company opens directly managed stores as training facilities and model stores for FC member stores. The Company also owns the brands of Shiro Coppe and Komeda Stand.
Komeda Holdings Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020; Provides Dividend Guidance for the Year Ending February 29, 2020
KOMEDA HOLDINGS CO., LTD. 
