NAFCO Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 2023 and Full Year Ending March 31, 2024
July 28, 2023 at 02:00 am EDT
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NAFCO Co., Ltd. provided earnings guidance for the six months ending September 2023 and full year ending March 31, 2024. For the six months ending September 2023, the company expects net sales of JPY 103,669 million and operating profit of JPY 6,214 million, profit of JPY 3,938 million and basic earnings per share of JPY 137.88.
For the year ending March 2024, the company expects net sales of JPY 201,000 million and operating profit of JPY 9,450 million, profit of JPY 5,770 million and basic earnings per share of JPY 202.03.
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.
NAFCO CO., LTD. 
