Komehyo Holdings Co.,Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024)
May 09, 2024 at 01:00 am EDT
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Komehyo Holdings Co.,Ltd. provided earnings guidance for the full Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024). For the period, the company expects Consolidated net sales JPY 119,459 million compared to JPY 106,000 million prior guidance, Consolidated operating profit JPY 7,452 million compared to JPY 7,200 million prior guidance, Profit attributable to owners of parent JPY 5,025 million compared to JPY 4,820 million prior guidance and Consolidated per share Quarterly net income (yen) JPY 458.65 compared to JPY 439.93 prior guidance.
Komehyo Holdings Co Ltd, formerly Komehyo Co Ltd, is a Japan-based company mainly engaged in the brand fashion business, the tire and wheel business and other business. The Company operates in two business segments. The Brand Fashion segment is involved in the purchase, sale, brokerage and auction management of new and used jewelry products, precious metals, watches, bags, clothing, kimono, cameras, musical instruments and others, as well as the sale of apparels, sneakers and shoe care products. The Tire and Wheel segment is involved in the planning, research, development, manufacture and sale of tires and wheels for passenger cars, automobile supplies and parts. The Company is also engaged in the leasing of real estate properties.