Exhibit 99.2
August 9, 2019
PRESS RELEASE
| 4-1-3 Taihei, Sumida-ku, Tokyo | ||||
| Pepper Food Service Co., Ltd. | ||||
| Kunio Ichinose, Representative Director, President and Chief Executive Officer | ||||
| (Code number: 3053) TSE 1st Section | ||||
| Inquiries: | Ichiro Yasuda, General Manager of General Affairs Department | |||
| Telephone number: | +81 (0)3 3829 3210 | |||
Notification of Differences in Consolidated Earnings Forecast/Non-Consolidated Earnings Forecast and Actual Results for the Second Quarter of the Fiscal Year Ending December 2019
Pepper Food Service Co., Ltd. (“we,” “us,” or the “Company”) hereby inform you of differences between the forecast and the actual results for the second quarter (cumulative) of the fiscal year ending December 2019 announced on June 28, 2019.
Differences in Consolidated Earnings Forecast and Actual Results for FY 12/2019 2Q (January 1, 2019 – June 30, 2019)
| Net sales | Operating income |
Ordinary income |
Net income for the quarter attributable to shareholders of the parent company |
Net earnings per share for the quarter |
||||||||||||||||
| Previously published forecast (A) |
|
Million yen 34,952 |
|
|
Million yen 278 |
|
|
Million yen 202 |
|
|
Million yen 453 |
|
21.74 yen | |||||||
| Actual results (B) |
35,122 | 403 | 352 | 516 | 24.71 yen | |||||||||||||||
| Increase (decrease) (B-A) |
170 | 125 | 150 | 63 | ||||||||||||||||
| Rate of Change (%) |
0.5 | 45.1 | 74.3 | 14.0 | ||||||||||||||||
| (Reference) Actual results for 2Q of the previous fiscal year (FY 12/2018 2Q) |
27,967 | 1,491 | 1,480 | 715 | 34.54 yen | |||||||||||||||
Reasons for differences:
Consolidated results for the cumulative period of FY 12/2019 2Q showed a difference in profit-related items due to reduction in sales expenses and general and administrative expenses. Net sales increased by 170 million yen, operating income increased by 125 million yen, ordinary income increased by 150 million yen, and the net income for the quarter increased by 63 million yen in comparison with the previously published consolidated earnings forecast for FY 12/2019 2Q.
Differences in non-consolidated earnings forecast and actual results for FY 12/2019 2Q (January 1, 2019 – June 30, 2019)
| Net sales | Ordinary income | Net income for the quarter |
Net earnings per share for the quarter |
|||||||||||||
| Previously published forecast (A) |
|
Million yen 34,567 |
|
|
Million yen 406 |
|
|
Million yen 453 |
|
21.74 yen | ||||||
| Actual results (B) |
34,749 | 566 | 605 | 28.97 yen | ||||||||||||
| Increase (decrease) (B-A) |
182 | 160 | 152 | |||||||||||||
| Rate of Change (%) |
0.5 | 39.6 | 33.7 | |||||||||||||
| (Reference) Actual results for 2Q of the previous fiscal year (FY 12/2018 2Q) |
27,651 | 1,950 | 1,185 | 57.00 yen | ||||||||||||
Reasons for differences:
Non-consolidated results for the cumulative period of FY 12/2019 2Q showed a difference in profit due to reduction in sales expenses and general and administrative expenses. Net sales increased by 182 million yen, ordinary income increased by 160 million yen, and the net income for the quarter increased by 152 million yen in comparison with the previously published consolidated earnings forecast for FY 12/2019 2Q.
Others
There is no change to the results forecast for the full fiscal year ending December 2019.
End