AOKI Holdings Announces Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2016

AOKI Holdings Inc. (TOKYO:8214) (ISIN:JP3105400000) announced its consolidated financial results for the First Quarter of the fiscal year ending March 31, 2016.

In the first quarter of the current fiscal year, the Japanese economy continued to recover slowly as corporate earnings grew, the number of jobs and personal income increased. However, the outlook remains unclear because of worries of an overseas economic downturn and the rising cost of raw materials and consumer products.

In this environment, the AOKI Group implemented various measures in each business segment as discussed below. Sales increased 3.0% year-on-year to 45,205 million yen, operating profit increased 22.7% to 2,603 million yen, ordinary income increased 22.4% to 2,614 million yen and profit attributable to owners of parent increased 18.1% to 1,848 million yen.

First quarter sales were slightly less than the forecast but segment profit (operating profit) was as planned. As a result, there are no revisions to the fiscal year forecast that was announced on May 8, 2015.

The full documents are available at http://ir.aoki-hd.co.jp/en/IRFiling/Results.html
Note: The original disclosure in Japanese was released on August 7, 2015 at 15:00 (GMT +9).

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.

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