JAFCO Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2013. For the period, on consolidated basis, the company reported net sales of JPY 22,072 million, operating income of JPY 8,007 million, ordinary income of JPY 9,028 million and net income of JPY 6,583 million or JPY 148.37 per share compared to net sales of JPY 19,804 million, operating income of JPY 2,086 million, ordinary income of JPY 3,620 million and net income of JPY 6,106 million or JPY 137.63 per share a year ago. Income before income taxes and minority interests was JPY 9,037 million compared to JPY 9,215 million a year ago. Net cash provided by operating activities was JPY 8,476 million, purchase of property, plant and equipment was JPY 74 million and purchase of intangible assets was JPY 112 million compared to net cash provided by operating activities of JPY 6,859 million, purchase of property, plant and equipment of JPY 79 million and purchase of intangible assets of JPY 102 million a year ago. Return on equity was 6.2% against 6.5% for the same period in the last year. For the period, on non-consolidated basis, the company reported net sales of JPY 20,672 million, operating income of JPY 7,335 million, ordinary income of JPY 9,257 million and net income of JPY 6,935 million or JPY 156.31 per share compared to net sales of JPY 18,439 million, operating income of JPY 1,102 million, ordinary income of JPY 2,622 million and net income of JPY 5,359 million or JPY 120.79 per share a year ago. The company declared dividend of JPY 25.00 for the year ended March 31, 2013.

JAFCO Co., Ltd., 2013 Earnings Call, Apr 22, 2013

JAFCO Co., Ltd. announced that they will report fiscal year 2013 results on Apr 19, 2013