Joshin Denki Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2023; Provides Consolidated Earnings Guidance for Year Ending March 31, 2023
May 05, 2022 at 11:30 pm EDT
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Joshin Denki Co., Ltd. provided consolidated earnings guidance for the six months of fiscal year ending March 31, 2023. For the six months, the company expects net sales of JPY 202,000 million, operating income of JPY 4,000 million, net income of JPY 2,700 million or JPY 100.86 per share.
For the year ending March 31, 2023, the company expects net sales of JPY 420,000 million, operating income of JPY 10,000 million, net income of JPY 7,000 million or JPY 261.49 per share.
Joshin Denki Co.,Ltd. is a Japan-based company mainly engaged in the retail business of home electric appliances and related business. The Company mainly engaged in the sale of home appliances, information and communication equipment, entertainment products, housing equipment, and related products. The Company is also engaged in the provision of product delivery, installation and maintenance services, property and casualty insurance and life insurance agency services, music and video software rental services, buying and selling used books services, and the provision of management guidance and products to franchise contractors. The Companyâs shop brands include Joshin, J&P, DISC PIER, Joshin OUTLET, Mother Pier, Mega Watch, BOOK-OFF, and TSUTAYA.
Joshin Denki Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months of Fiscal Year Ending March 31, 2023; Provides Consolidated Earnings Guidance for Year Ending March 31, 2023
JOSHIN DENKI CO., LTD. 
