NAFCO Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 2022 and Full Year Ending March 2023
July 29, 2022 at 01:00 am EDT
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NAFCO Co., Ltd. provided earnings guidance for the six months ending September 2022 and full year ending March 2023. For the six months ending September 2022, the company expects net sales of JPY 107,805 million and operating profit of JPY 7,939 million, profit of JPY 5,109 million and basic earnings per share of JPY 178.87.
For the year ending March 2023, the company expects net sales of JPY 208,100 million and operating profit of JPY 12,800 million, profit of JPY 8,000 million and basic earnings per share of JPY 280.08.
NAFCO Co., Ltd. is primarily engaged in the operation of specialty chain stores focused on home center business. The Company offers materials, Do-It-Yourself (DIY) products, gardening materials, daily necessities, furniture and home fashion goods through its chain stores located in Kyushu, China, Kansai and Central Areas. The Company's store type is mainly large-scale store with enough parking space in the suburb, offering with a wild selection of products and prices that can satisfy a wide range of customers.