Full Year 2019 J.Front Retailing Co Ltd Earnings Presentation Transcript

Apr 09, 2019 / NTS GMT
Presentation
Apr 09, 2019 / NTS GMT

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Corporate Participants
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* Ryoichi Yamamoto
J. Front Retailing Co., Ltd. - President, Representative Exec. Officer & Representative Director

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Ryoichi Yamamoto - J. Front Retailing Co., Ltd. - President, Representative Exec. Officer & Representative Director

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[Interpreted] for results for the fiscal year 2018. Consolidated gross sales of J. Front Retailing was JPY 1,125.1 billion, down 1.2% year-on-year. Revenue was JPY 459.8 billion, down 2.1%. Business profit was JPY 45.5 billion, down 1.6% year-on-year. Operating profit was JPY 40.8 billion, down 17.5% in the action to gain on sales of real estate and shares of subsidiaries recorded in the previous fiscal year and those on business liquidation associated with store closure of PARCO.

Profit attributable to owners of parent was JPY 27.3 billion, down 4.0%. Compared to October forecast, business profit was JPY 3.9 billion lower. Operating profit was JPY 7.6

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