AOKI Holdings Announces Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2015

AOKI Holdings Inc. (TOKYO:8214)(ISIN:JP3105400000) announced its consolidated financial results for the Third Quarter of the fiscal year ending March 31, 2015.

In the first nine months of the current fiscal year, the Japanese economy continued to recover slowly along with improving corporate earnings and growth in the number of jobs. However, consumer spending is still sluggish due to the prolonged effects of the April 2014 consumption tax hike and the higher cost of raw materials and household products caused by the weaker yen. As a result, the outlook for the Japanese economy remains uncertain.

In this environment, the AOKI Group implemented various measures in each business segment. Sales increased 3.5% year-on-year to 127,405 million yen but operating profit decreased 6.9% to 8,584 million yen due in part to the falloff in the Fashion Business affected by the April 2014 consumption tax hike. Ordinary income decreased 11.5% to 8,520 million yen and net income decreased 8.8% to 5,006 million yen.

We maintain the full-year consolidated forecast that we announced on November 7, 2014, as our performance remain generally in line with our projection.

The full documents are available at http://ir.aoki-hd.co.jp/en/IRFiling/Results.html

About AOKI Group
As a corporate group that continues to break the mold and innovate, the AOKI Group has worked to meet the needs of customers in a variety of life scenes. This has led to our expansion into new markets, including the bridal and entertainment businesses.