margin declined yoy due to the lower operating results of each business segment (except food business). Despite the lower interest coverage ratio in 1H19 compared to 1H18, the Company expects to see
margin declined yoy due to the lower operating results of each business segment (except food business). Despite the lower interest coverage ratio in 1H19 compared to 1H18, the Company expects to see
provision that eliminates bank lending and/or insurance underwriting coverage for certain industries and/or activities based on specific criteria. For investors, it means the exclusion of certain industries
doubtful accounts and the coverage ratio of allowance for doubtful accounts to accounts receivable overdue more than 3 months (NPLs) was 136% at February 28, 2018, increased from 126% at the end of fiscal
financial ratios Unit Q1/17 Q4/17 Q1/18 Profitability ratios Gross profit margin* % 20.47 27.11 28.81 Net profit margin % 13.68 15.92 18.14 Leverage ratios Interest coverage Times 6.23 8.37 8.99 Net Debt to
Ratios Debt to Equity times 0.42 0.42 0.45 Interest coverage times 531.88 227.59 95.03 Dividend payout (%) 55.85%* 55.65% 67.84% * Pending for approval from the 2019 annual shareholders’ meeting Operating
Financial Policy Ratios Debt to Equity times 0.40 0.42 0.42 Interest coverage times 3,095.00 545.41 222.73 Dividend payout (%) 76.07%* 55.96% 55.68% * Pending approval from the 2020 annual general meeting of
fiscal year. The Company has set aside higher allowance for doubtful accounts and the coverage ratio of allowance for doubtful accounts to accounts receivable overdue more than 3 months (NPLs) was 126% at
Company made a further step to complete our strategy to create nationwide media coverage by acquiring COMASS. With more than 19 years’ experience in outdoor media, COMASS is one of the leading outdoor media
total account receivable, decreased from 2.71% at the end of previous fiscal year. The Company efficiently controls account receivable overdue more than 3 months. The coverage ratio of allowance for