Shimojima Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024
November 10, 2023 at 01:00 am EST
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Shimojima Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the period, the company expects Net sales to be JPY 58,000 million, operating profit to be JPY 3,100 million, profit attributable to owners of the parent to be JPY 2,200 million, earnings per share to be JPY 94.32.
Shimojima Co Ltd is a Japan-based company principally engaged in the purchase and sale of packing materials such as paper bags, wrapping paper/cartons, plastic bags, adhesive tapes, strings/ribbons, and store supplies. The Company operates through three segments. The Paper Products segment is engaged in the sale of original brand products including paper bags, wrapping paper and paper containers. The Chemical Products and Packaging Materials segment is engaged in the sale of chemical products such as polyethylene bags and polypropylene (PP) bags, as well as adhesive tapes, food packaging materials and string ribbons. The Store Supplies segment is engaged in the sale of horticultural-related materials, and apparel-related materials including office supplies, store supplies, daily necessities, foodstuffs, as well as hangers that are handled by subsidiaries. The Company is also engaged in logistics business.
SHIMOJIMA CO., LTD. 
