Sales 43,642mn Yen YY-6.0% / Ordinary Income -1,403mn Yen QTR Results of TAKE AND...

Fri May 23, 2008 9:00pm EDT
 
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Sales 43,642mn Yen YY-6.0% / Ordinary Income -1,403mn Yen QTR Results of TAKE AND GIVE. NEEDS (eol News)

TOKYO--(Business Wire)--
TAKE AND GIVE. NEEDS Co., Ltd. (TOKYO:4331) News:

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Company Name                  TAKE AND GIVE. NEEDS Co., Ltd.
Company Code                  (TOKYO:4331)
Market                        Tokyo Stock Exchange
Section                       1st section
Industry                      Service
Fiscal year end               March 31
Announce date                 May 22, 2008
Category                      Full Year
Announce Term                 April 1, 2007 - March 31, 2008
Consolidated/Non-consolidated Consolidated
*T

   Company Profile

   Established in 1998, T&G pioneered a glamorous and highly
customized wedding service that operated in stark contrast to the
rigidly formal hotel wedding packages that were typical at the time.
From 2001, T&G began expanding its operations nationwide, coining the
now ubiquitous term 'house wedding.' By 2006, T&G had the largest net
sales and earnings of any peer in the wedding ceremony and reception
business and was the number one provider of wedding services in Japan.

   The T&G Group, consolidated in fiscal 2006, has expanded to
include 7 consolidated subsidiaries involved in the wedding industry,
including an overseas wedding service provider, a honeymoon travel
provider, a wedding financing operation and an internet-based wedding
preparation site.

   T&G was listed on NASDAQ Japan Market in 2001 (stock code: 4331)
and listed on the first section of the Tokyo Stock Exchange in March
2006. As of March 31, 2008, T&G had 62 directly managed wedding
venues, 17 affiliated restaurants, and 1,303 employees on a
consolidated basis.

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                                                Millions of Yen Growth
Consolidated Earnings Highlights        unless otherwise stated
----------------------------------------------------------------------
Sales                                                    43,642  -6.0%
Operating Income                                           -901
Ordinary Income                                          -1,403
Net Income                                               -2,055
Earnings Per Share (Yen)                              -2,844.03
Return On Equity(ROE) (%)                                 -14.9
Ordinary Income to Total Assets Ratio
 (ROA) (%)                                                 -3.5
Operating Income to Sales Ratio (%)                        -2.1

Consolidated Financial Position
----------------------------------------------------------------------
Total Assets                                             41,160
Net Assets                                               12,631
Equity Ratio (%)                                           30.6
Net Assets per Share (Yen)                            17,429.46
Shares Issued at Term-End(Including
 Treasury Stock) (shares)                               722,700

Consolidated Cash Flows
----------------------------------------------------------------------
Operating Cash Flow                                      -2,833
Investing Cash Flow                                      -8,128
Financing Cash Flow                                       6,547
Cash and Equivalents at End-Term                          2,014

Non-consolidated Earnings Highlights
----------------------------------------------------------------------
Sales                                                    40,520 -11.6%
Operating Income                                           -207
Ordinary Income                                            -167
Net Income                                               -1,697
Earnings Per Share (Yen)                              -2,348.69

Non-consolidated Financial Position
----------------------------------------------------------------------
Total Assets                                             35,082
Net Assets                                               13,617
Equity Ratio (%)                                           38.8
Net Assets per Share (Yen)                            18,842.61
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   For further detail please use the URL link below.

   http://www.tgn.co.jp/company/english/ir/financial/highlight
_consolidated.html

   (Due to its length, this URL may need to be copied/pasted into
your Internet browser's address field. Remove the extra space if one
exists.)

   We do not guarantee the accuracy of the data shown above.

   Also we cannot be held responsible for any damages arising
from/associated with this data.

   Copyright (C) 2008 eol,Inc. All Rights Reserved.

TAKE AND GIVE. NEEDS Co., Ltd.
Investor Relation
Tel: +81-3-5469-3070
ir@tgn.co.jp

Copyright Business Wire 2008

 

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