Home / Knowledge / News / Apparel/Garments / AOKI Holdings Q3 FY14 sales mounts 9%
AOKI Holdings Q3 FY14 sales mounts 9%
11
Feb '14
AOKI Holdings Inc. announced its consolidated financial results for the Third Quarter of the fiscal year ending March 31, 2014.
 
In the first nine months of the current fiscal year, the Japanese economy remained on a gradual recovery path supported by the recovery in the US economy, yen depreciation, higher share prices, an improvement in corporate profits particularly in the export sector, and a pick-up in personal consumption. 
 
However, the outlook for the economy remained uncertain due to delays in the recovery of personal incomes, rising purchase costs from the yen’s depreciation, and concerns about an impact from the scheduled hike of the consumption tax rate.
 
In this environment, the AOKI Group implemented various measures in each business segment as discussed below and recorded higher sales and lower profits due to an increase in new store openings and other factors. Sales increased 9.0% year-on-year to 123,067 million yen, operating profit decreased 4.0% to 9,224 million yen, ordinary income decreased 3.1% to 9,627 million yen, and net income decreased 6.2% to 5,491 million yen.
 
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.
 

AOKI Holdings

Must ReadView All

Textiles | On 24th Sep 2016

GST Council sets exemption limit at Rs 20 lakh

The GST Council has decided to exempt businesses from the Goods and...

Apparel/Garments | On 24th Sep 2016

DGFT adds new service providers in EPCG scheme

Providing great relief to the job working units in garment clusters...

Apparel/Garments | On 24th Sep 2016

Niti Aayog kicks off Indian ecommerce policy review

A Niti Aayog committee set up for the purpose, held deliberations...

Interviews View All

Kamlesh Vaghela
RK Textiles

Dharmendra Shah
Ozone PB Spintex Limited

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
September 2016

September 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search