Fujiya Co has revised its consolidated forecast for the 2005 financial year ending 31 March, estimating losses of JPY1.8bn (US$15m) – down from a previously estimated net profit of JPY100m.


However, the consolidated sales revenue forecast remained unchanged at JPY84bn, a report in Japanese News Digest noted.


The company set aside reserves of JPY1.2bn for possible loan losses, writing off impairment costs on its loss-making outlets. An extraordinary loss incurred by one of Fujiya’s subsidiaries also contributed towards the downward revision. 


The company said that it would not pay a year-end dividend for fiscal 2005/6

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.