H2O Retailing : Presentation Materials（3Q of FY2023）
February 06, 2023 at 01:40 am EST
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3Q of FY2023
Presentation Materials
H2O RETAILING CORPORATION
Digest of Financial Results for the Third Quarter
Consolidated results exceeded forecast of 3Q and cumulative operating profit exceeded full- year forecasts.
(Department Store)
Existing store sales exceeded pre-COVID-19 level due to strong domestic sales and a recovery in inbound sales.
(Supermarket)
Double-digit profit growth in 3Q, and both sales and profit increased in cumulative 3Q.
(Shopping Center)
Continued to increase profit in 3Q due to strengthened sales force and cost reduction
in H2OSC Development and improved occupancy rate of business hotel in Oi Development.
No changes to the consolidated forecast for the full year
Considering uncertainties such as rising prices and soaring utilities costs, we expect the 4Q results to be in line with our forecast.
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H2O Retailing Corporation published this content on 06 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 February 2023 06:39:05 UTC.
H2O RETAILING CORPORATION is mainly engaged in the department store business. The Company operates in five segments. The Department Store segment operates department stores. The Kobe and Takatsuki segment operates department stores. The Food segment conducts comprehensive supermarkets, food supermarkets, and food product manufacturing. The Real Estate segment conducts commercial real estate rental management and building maintenance. The Other segment conducts hotels, interior work, individual home delivery, friend's meetings, staffing, restaurants, information processing services business.
H2O RETAILING CORPORATION 
