Japanese Manufacturing Enterprises Regain Business Confidence

According to a survey released recently by the government, the confidence of Japanese large manufacturers has turned positive in the 7~9 months of this year, and it is expected that the business situation will further improve in the next quarter.

Survey shows that 7~9 months, large Japanese

The prosperity judgment index rose to 12.7 from the previous 3 months' -13.9, while the confidence index of large manufacturers is expected to increase to 15.1 in 10~12 months.

In addition, the survey points out that Japanese companies are doing business.

More and more positive, which indicates that business activities will pick up, people's wages will increase and consumer spending will be stronger, thus achieving the goal of government's sustainable growth.

Junko Nishioka, chief Japanese economist at the Royal Bank of Scotland securities subsidiary, said Japan's overall business environment is not too bad.

The Bank of Japan is also optimistic about Japan's economic situation and will continue to implement ultra loose monetary policy.

Related links:

Esprit Holdings Limited 0330.HK announced today that it has made a profit in the 2014 fiscal year ended June 30th, achieving a net profit of HK $210 million, or HK $0.11 per share, far exceeding the market forecast of HK $0.071, compared with a net loss of HK $4 billion 390 million in the 2013 fiscal year or HK $2.50 per share.

The year-on-year income fell 6.5% to HK $24 billion 230 million, a year-on-year rate of HK $25 billion 900 million, or 9.9% in local currency terms.

The Group expects that with the continued closure of unprofitable stores and wholesale customers, revenues in the current fiscal year 2015 will decline further, but gross margins will benefit slightly from the improvement of the supply chain.

Gross profit margin was 50.2%, an increase of 60 basis points over the whole year of 49.6%, mainly due to the improvement in inventory management, resulting in a reduction in price and an increase in the proportion of retail revenue.

Operating expenses decreased significantly by HK $5 billion 212 million, or HK $30.6% to HK $11 billion 795 million.

Retail and wholesale businesses in the Asia Pacific region have been under constant pressure, and retail channel revenue has decreased by 15.6% to HK $3 billion 159 million per annualized year. The group blamed retail area correction, reduced stream of people, lower stock and product mix average price, and wholesale channel revenue decreased by 46.5% to HK $524 million.

The overall income recorded a decrease of 22.2% from HK $4 billion 738 million last year to HK $3 billion 685 million, of which the largest market in the region was not as good as China and its revenue declined by 26.9%.

The European market, which accounts for 81.3% of revenue, has continued to achieve a stable sales area. Its revenue has declined by 1.8% to HK $19 billion 700 million over the same period last year, of which Germany's business revenue has increased by 1.4%.

As of the end of June, the group had 905 sales outlets, 119 fewer than last year, and closed stores mainly concentrated in China and Australia.

The group announced a final dividend of HK $0.04 per share.

After the announcement of 0330.HK, shares rose sharply at 9% to HK $13.52 in the afternoon, narrowing to 3.23% at the end of the draft without stylish Chinese net, at HK $12.80.