Axial Retailing Inc. revised consolidated earnings guidance for the second quarter ending September 30, 2023 and year ending March 31, 2024. For the second quarter ending September 30, 2023, the company expects net sales of JPY 130,000 million compared to previous guidance of JPY 126,500 million, operating profit of JPY 5,400 million compared to previous guidance of JPY 4,300 million and profit attributable to owners of parent of JPY 3,700 million or JPY 161.91 per basic share compared to previous guidance of JPY 3,000 million or JPY 130.20 per basic share.

For the year ending March 31, 2024, the company expects net sales of JPY 263,000 million compared to previous guidance of JPY 256,000 million, operating profit of JPY 10,900 million compared to previous guidance of JPY 8,900 million and profit attributable to owners of parent of JPY 7,000 million or JPY 308.42 per basic share compared to previous guidance of JPY 6,000 million or JPY 260.40 per basic share.