Izumi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2022 and for the Year Ending February 29, 2023
April 17, 2023 at 02:00 am EDT
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Izumi Co., Ltd. provided consolidated earnings guidance for the six months ending August 31, 2023 and for the Year Ending February 28, 2023. For the six months, the company expects operating revenue of JPY 230,300 million, operating profit of JPY 14,200 million, profit attributable to owners of parent of JPY 8,900 million or JPY 124.48 per share.
For the full year ending February 29, 2024, the company expects operating revenue of JPY 476,600 million, operating profit of JPY 31,000 million, profit attributable to owners of parent of JPY 19,100 million or JPY 267.15 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.