Kato Sangyo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending March 31, 2024 and Fiscal Year Ending September 30, 2024
February 14, 2024 at 08:00 pm EST
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Kato Sangyo Co., Ltd. provided consolidated earnings guidance for the six months ending March 31, 2024 and fiscal year ending September 30, 2024. For the six months, the company expects operating revenue of JPY 572,300 million, operating profit of JPY 9,000 million, profit attributable to owners of parent of JPY 7,150 million or JPY 231.33 per share.
For the year, the company expects operating revenue of JPY 1,149,000 million, operating profit of JPY 17,000 million, profit attributable to owners of parent of JPY 13,800 million or JPY 446.49 per share.
KATO SANGYO CO., LTD. is a Japan-based company mainly engaged in the food wholesale business. The Company operates through four business segments. The Room-Temperature Distribution segment is engaged in the wholesale of processed foods and confectionery. It also manufactures and processes some of the products for sale. The Liquor Distribution segment is engaged in the wholesale of liquor. The Low-Temperature Distribution segment is engaged in the wholesale of low-temperature foods. The Overseas segment is engaged in the wholesale of processed foods. The Company is also engaged in the provision of logistics business, insurance agency business, restaurant franchise business, and the management and operation of some overseas affiliates.