Cotta CO.,LTD Reports Earnings Results for the Half Year Ended March 31, 2023
May 15, 2023 at 03:18 am EDT
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cotta CO.,LTD reported earnings results for the half year ended March 31, 2023. For the half year, the company reported sales was JPY 4,949 million. Net income was JPY 429 million.
Basic earnings per share from continuing operations was JPY 40.59. Diluted earnings per share from continuing operations was JPY 40.43.
cotta Co Ltd is a Japan-based company mainly engaged in the business of selling confectionery and baking materials and sundries to confectionery and lunch box stores and individual customers. The main sales method is mail-order sales via the Internet, facsimile, telephone and others, with particular emphasis on sales via the cotta Internet mail-order site. In addition, through its subsidiaries, the Company is engaged in the processing, manufacturing, and sales of confectionery and baking ingredients, the maintenance and operation of cotta, the tie-up advertising business with cotta as an Internet media business, and the community-based wholesale confectionery and bakery business for business-to-business transactions, primarily in the confectionery and bakery industry in Yamaguchi Prefecture, delivering products directly to customers using Company-owned delivery vehicles, as well as the planning and sales of household sundries for cooperatives.