Notice Concerning Differences Between Consolidated Earnings Forecasts and Actual Results for the First Six Mont hs
TOMY Company, Ltd. hereby provides notification that there were differences between the consolidated earnings forecasts for the first six months of the fiscal year ending March 31, 2016 that were announced on May 12, 2015, and the actual results for that period announced today, with the actual results of profit attributable to owners of parent exceeding the initial forecasts. Details are as follows.
Differences between consolidated earnings forecasts and actual results for the first six months of the fiscal year ending March 31, 2016 (April 1, 2015 to September 30, 2015)
(millions of yen, except per-share data)
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Basic earnings per share (yen)
Previously announced forecast (A)
80,000
1,000
700
200
2.19
Actual results (B)
77,805
838
710
261
3.07
Increase (Decrease) (B-A)
(2,194)
(161)
10
61
Increase (Decrease) percentage (%)
(2.7%)
(16.1%)
1.5%
30.6%
(Reference) Actual results for the first six months of the fiscal year ended March 31, 2015
74,617
1,502
1,116
(876)
(9.31)
Reason for differences in profit attributable to owners of parent in the consolidated earnings for the first six months
The profit attributable to owners of parent for the first six months of the fiscal year ending March 31, 2016 rose above the initial forecast, due mainly to the recording of gain on reversal of subscription rights to shares as extraordinary income.
TOMY COMPANY, LTD. is a Japan-based company mainly engaged in the toy-related business. The Company is engaged in the design, development, manufacture and sale of toys, as well as the provision of toy development technology and sheared services. Through its subsidiaries, the Company is also engaged in the sale of toy peripheral products, as well as the leasing of real estate.