KATITAS Co., Ltd. Revises Consolidated Earnings Forecasts for the Half Year Ending September 30, 2023 and Full Year Ending March 31, 2024
May 26, 2023 at 05:00 am EDT
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KATITAS CO., Ltd. revised Consolidated earnings forecasts for the half year ending September 30, 2023 and full year ending March 31, 2024. For the half year, the company expects Net sales to be JPY 65,788 million, Operating profit to be JPY 6,581 million compared to Previously announced forecast of JPY 7,706 million, Profit attributable to owners of parent to be JPY 4,441 million compared to Previously announced forecast of JPY 5,215 million and Basic earnings per share to be JPY 57.14 compared to Previously announced forecast of JPY 67.10.
For the year, the company expects Net sales to be JPY 132,464 million, Operating profit to be JPY 13,216 million compared to Previously announced forecast of JPY 15,466 million, Profit attributable to owners of parent to be JPY 8,866 million compared to Previously announced forecast of JPY 10,416 million and Basic earnings per share to be JPY 114.06 compared to Previously announced forecast of JPY 134.00.
KATITAS CO., LTD is a Japan-based company mainly engaged in the remodel of used homes. The Used Home Remodel segment is engaged in the purchase, renovating and distribution of used homes. The segment consists of purchase business, commercialization business and distribution business. The purchase methods of properties consist of purchase and auction. The commercialization business consists of the planning and construction of outside works, such as parking lots expansion and others. The distribution business conducts the distribution of used homes through in-house and intermediary sales.
KATITAS CO., LTD. 
