Ito En, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending October 31, 2021 and Full Year Ending April 30, 2022
September 01, 2021 at 02:00 am EDT
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Ito En, Ltd. provided consolidated earnings guidance for the six months ending October 31, 2021 and full year ending April 30, 2022. For the six months ending October 31, 2021, the company expects net sales of JPY 215,900 million, operating income of JPY 10,500 million, profit attributable to owners of parent of JPY 6,800 million and earnings per share of JPY 54.72.
For the full year ending April 30, 2022, the company expects net sales of JPY 410,000 million, operating income of JPY 20,000 million, profit attributable to owners of parent of JPY 12,800 million and earnings per share of JPY 102.84.
ITO EN, LTD. is mainly engaged in the manufacture and sale of tea and drinks. The Company operates in three business segments. The Leaf and Drink related segment is engaged in the manufacture and sale of green tea, oolong tea, and barley tea. This Segment also plans and develops beverages, purchases and sells finished products, purchases raw materials for fruit juice and coffee, processes dairy products, such as yogurt, and cultivates tea leaves. The Food and Drink related segment operates and franchises restaurants of specialty coffee in Japan. The Others segment is involved in the manufacture and sell of supplements in Florida.
ITO EN, LTD. 
