Monday, February 2, 2009

Influenza care and related industries Kawamoto (3604) significantly increase

Core business and the hygienic and medical care and home health agencies and the public <3604> 30, 2009 March 3 during the third Quarter (3Q) announced.

Sales 22500000000 93 million (6.1% YoY), operating income of ¥ 300 million (an increase of 578.3%), ordinary profit of 100 billion yen (408.2% of increase), net 100000000 profit 19 million yen (an increase of 303.4 percent).

The result of suppression of the medical expenses of medical, hygienic, but the core continues to expand existing strict priority products of the avian flu-related health care products, oral care, including the increase for the elderly also contribute significantly to the sales increase streak care. An increase in sales revenue continued to strengthen infection control-related product needs. The shape also contribute to increased sales revenue of care and child care products and other toiletries.

In terms of profitability due to increased freight costs related to increased sales, successfully compressed to a level similar to the previous fiscal year in SG & A expense reduction efforts in general, led to a significant increase business current account, caused the same period last year This quarter was the incidence of bad loans has also had significant increase in net profit.

Still full, and will continue to have strong sales in key products, sales rose 4.5 percent, while operating profit from ordinary income in the first half deficit, the significant profit expected to increase.

■ producing profit level in the high dividend yield is attractive

[Diagnosis] closing stock price last month hit 27 yen to 365. Until December share price was 400 yen to maintain this year, to 361 yen after hitting a初値, remain stagnant. In support of positive earnings for the full year, however, as the stock market needs to deal with flu-related products can be very high and promising stocks.

The dividend yield of 3.29 percent, closing at a conversion and a high dividend. 3 end of the dividend for the taking, producing profit before you pick up the current high level. (Information: newspapers INTABYU Japan Media-IR)

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