Izumi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2023 and Year Ending February 29, 2024
July 14, 2023 at 01:30 am EDT
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Izumi Co., Ltd. provided consolidated earnings guidance for the six months ending August 31, 2023 and year ending February 29, 2024. For the six months ending August 31, 2023, the company expects operating revenue of JPY 230,300 million, operating profit of JPY 14,200 million and profit attributable to owners of parent of JPY 8,900 million or JPY 124.48 per share.
For the year ending February 29, 2024, the company expects operating revenue of JPY 476,600 million, operating profit of JPY 31,000 million and 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.