Izumi Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2020
January 17, 2020 at 01:00 am EST
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Izumi Co., Ltd. announced consolidated earnings results for the nine months ended November 30, 2019. For the nine months, the company reported operating profit of JPY 21,173 million compared to JPY 23,611 million a year ago. Profit was JPY 14,053 million compared to JPY 15,580 million a year ago. Earnings per share were JPY 191.06 compared to JPY 213.74 a year ago. Net sales were JPY 523,718 million compared to JPY 510,736 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending February 29, 2020. For the year, the company expects operating revenue of JPY 756,100 million, operating profit of JPY 33,900 million and profit attributable to owners of parent of JPY 20,500 million or JPY 286.08 per share.
IZUMI CO., LTD. is a Japan-based company mainly engaged in the general retail business. The Company operates through two business segments. The Retail segment is engaged in the sale of clothing, housing-related goods and food products through its shopping centers, general merchandise stores (GMSs) and supermarkets. The Retail-related segment is engaged in the credit and finance business, the management of shop facilities, as well as the operation of restaurants. The Company is also engaged in the wholesale business and the real estate leasing business.
Izumi Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2020
IZUMI CO., LTD. 
