EDION Corporation Reports Audited Consolidated Earnings Results for the Full Year Ended March 31, 2019
August 27, 2019 at 04:28 am EDT
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EDION Corp. reported audited consolidated earnings results for the full year ended March 31, 2019. For the year, net sales were ¥718,638 million against ¥686,285 million a year ago. Operating income was ¥17,843 million against ¥15,379 million a year ago. Profit was ¥11,633 million against ¥8,943 million a year ago. Basic earnings per share were ¥105.34 against ¥90.84 a year ago. Diluted earnings per share were ¥93.78 against ¥71.90 a year ago.
EDION Corp is a Japan-based company mainly engaged in the sale of home electric appliances, and the operation of home electronics mass retailers from Hokkaido to Okinawa. The Company is engaged in the sale of home appliances through directly managed stores, mobile phone specialty stores, mail-order stores and franchise stores. The other business is involved in the operation of software specialty stores, the operation and development of information systems, the sale and construction of solar power generation systems, home remodeling, the purchase and sale of used information and communication equipment, and processing and sale of useful metals, the sale of office supplies, daily necessities, the sale of alcoholic beverages, the management of a professional soccer team, as well as the operation of programming classes.