Arcland Sakamoto Co.,Ltd. Reports Consolidated Earnings Results for the Full Year Ended February 20, 2021
March 28, 2021
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Arcland Sakamoto Co.,Ltd. reported consolidated earnings results for the full year ended February 20, 2021. For the year, net sales were JPY 178,477 million against JPY 109,483 million reported a year ago. Operating profit was JPY 16,018 million against JPY 9,575 million reported a year ago. Profit was JPY 9,969 million against JPY 6,174 million reported a year ago. Earnings per share was JPY 215.13 against JPY 119.50 reported a year ago.
Arclands Corp, formerly Arcland Sakamoto Co Ltd, is a Japan-based company mainly engaged in retail business, wholesale business, restaurant business and real estate business. The Company operates through four segments. The Retail segment sells household goods, household products, food products and other items to general consumers and professionals (contractors) through Home Centre Musashi, Super Center Musashi, Musashi Pro, NicoPet, Super Viva Home, Viva Home, arts and crafts specialist Ark Oasis, Vysees, and food specialty store Musashi Shokuhinkan. The Wholesale segment mainly sells do-it-yourself (DIY)-related products to home centers nationwide and group companies. The Restaurant segment operates restaurants such as Katsuya, a pork cutlet specialty restaurant. The Real Estate segment is engaged in the leasing of real estate. In addition, the Company also operates a sports club JOYFIT and a fitness gym FIT365.