BuySell Technologies Co.,Ltd. Provides Consolidated Financial Results Forecast for the Fiscal Year Ending December 31, 2022
February 14, 2022 at 01:00 am EST
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BuySell Technologies Co.,Ltd. provided consolidated financial results forecast for the fiscal year ending December 31, 2022. for the year, company expects Net sales of JPY 32,500 million, Operating profit of JPY 3,100 million, Profit attributable to owners of parent of JPY 1,730 million and Net income per share of JPY 122.77.
BuySell Technologies Co., Ltd. is a Japan-based company mainly engaged in the online reuse business. The Company is engaged in the provision of Speed Kaitori and Kaitori Premium platforms that provide comprehensive reuse services through three methods, including business trip visit purchase, home delivery purchase and carry-in purchase. The main products handled are kimonos, stamps, old coins, precious metals, jewelry, branded goods, watches, antiques, fur, liquor and other products. The sales business is mainly engaged in the corporate sales business through the secondhand goods market and auctions for vendors, as well as the provision of an electronic commerce (EC) site Speed Kaitori Online for general consumers. The Company is also engaged in the operation of a smartphone app CAPPY that can sale used cars. The Company is engaged in the provision of marketing, call center, authenticity appraisal and assessment, purchase, inventory management, sale and other reuse related services.