CCC Announces Consolidated Third Quarter Results for FY2006
Masahiro Tanida, Director
February 14, 2007
Ordinary income 10.4 billion yen
(Prior Year Comp up 1%)
Consolidated Ordinary Income Forecast for Full Year Revised to
14.5 billion yen
February 14, 2007 (Tokyo, Japan) Culture Convenience Club Co., Ltd. (“CCC”) reported its consolidated operating results through the third quarter of the year ending Mar. 31, 2007 as follows: Net sales were 149,653 million yen (down 7.2% compared to the period for the prior year), affected by the transfer of 51% ownership in Nihon Soft Service Co., Ltd., to Nippon Shuppan Hanbai, Inc., at the end of March 2006; however, ordinary income improved to 10,397 million yen (up 1% over the prior year) and net income of 7,000 million yen marked a conversion from the loss recorded for the period in the prior year.
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