Izumi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2021 and Full Year Ending February 28, 2022
April 19, 2021 at 02:00 am EDT
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Izumi Co., Ltd. provided consolidated earnings guidance for the six months ending August 31, 2021 and full year ending February 28, 2022. For the six months ending August 31, 2021, the company expects operating revenue to be of JPY 354,300 million. Operating profit expected to be of JPY 17,500 million. Profit attributable to owners of the parent expected to be of JPY 11,900 million. Earnings per share expected to be of JPY 166.07.
For the full year ending February 28, 2022, the company expects operating revenue to be of JPY 721,400 million. Operating profit expected to be of JPY 36,700 million. Profit attributable to owners of the parent expected to be of JPY 23,500 million. Earnings per share expected to be of JPY 327.95.
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.