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Starbucks Coffee Co. said Starbucks Coffee Japan reported a net profit of $1.7 million for the fiscal year ended March 31, after losing money last year.(Financial Briefs)(Brief Article)

Nation's Restaurant News Daily NewsFax

| May 24, 2004 | COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission. (Hide copyright information)Copyright

SEATTLE -- STARBUCKS COFFEE CO. said STARBUCKS COFFEE JAPAN reported a net profit of $1.7 million for the fiscal year ended March 31, after losing money last year. Starbucks Japan's sales for the year were $523.4 million, the company said. The preceding fiscal year's financial results were not immediately available. In a late-April conference call with investors, Starbucks chairman HOWARD SCHULTZ said the coffeehouse chain's Asia/Pacific region saw improved same-store sales during the past few …

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