Seria Co., Ltd. Provides Earnings Guidance for the Period Ending September 2023 and March 2024
July 31, 2023 at 02:00 am EDT
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Seria Co., Ltd. provided earnings guidance for the ending September 2023 and fiscal year ending March 2024. For the period ending September 2023, Company expects net sales of JPY 108,500 million, operating profit of JPY 5,900 million, profit of JPY 4,000 million and basic earnings per share of JPY 53.16.
For the period ending March 2024, Company expects net sales of JPY 222,000 million, operating profit of JPY 12,900 million, profit of JPY 8,500 million and basic earnings per share of JPY 112.97.
Seria Co Ltd. is a Japan-based discount retailer of general merchandise that sells products at a single price of 100 yen. The Company is involved in the retail of consumer products through stores, as well as the wholesale of products to franchisees, big clients and overseas agents. The Company offers daily miscellaneous goods such as make-up goods, kitchen supplies, eating utensils, washing and bathing goods, sanitary products, cleaning substances, cosmetics, accessories, sewing goods, stationery, toys, character goods, gardening goods, health products, hygiene products, clothes, cleaning products, storage goods, tools, umbrellas, electrical appliances, pet goods, interior goods, outdoor products and seasonal products, among others. It also provides sweet stuff including instant foods, seasonings, canned food, noodles, rice, confectionery, drinks, bakery products, sweets and others.
SERIA CO., LTD. 
