Shimojima Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 05, 2022 at 02:00 am EDT
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Shimojima Co., Ltd. provided earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months ending, the company expected net sales of JPY 23,900 million, operating loss of JPY 250 million, loss attributable to owners of parent is JPY 100 million and loss per share is JPY 4.30.
For the full year, the company expected net sales of JPY 50,700 million, operating profit of JPY 360 million, profit attributable to owners of parent is JPY 400 million and earnings per share is JPY 17.19.
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. 
