EDION Corporation Reports Audited Consolidated Earnings Results for the Full Year Ended March 31, 2020
September 29, 2020 at 09:05 pm EDT
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EDION Corporation reported audited consolidated earnings results for the full year ended March 31, 2020. For the year, the company’s net sales were JPY 733,576 million against JPY 718,638 million a year ago. Operating income was JPY 12,284 million against JPY 17,843 million a year ago. Profit was JPY 10,977 million against JPY 11,633 million a year ago. Basic earnings per share were JPY 101.33 against JPY 105.34 a year ago. Diluted earnings per share were JPY 90.49 against JPY 93.78 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.