Watts Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending February 2021 and Full Year Ending August 2021
January 14, 2021 at 06:22 am EST
Share
Watts Co., Ltd. provided consolidated earnings guidance for the six months ending February 2021 and full year ending August 2021. For the six months ending February 2021, the company expects sales of ¥25,340 million, operating profit of ¥770 million, net income attributable to owners of parent of ¥620 million and net income per share of ¥46.28.
For the year ending August 2021, the company expects sales of ¥50,960 million, operating profit of ¥1,090 million, net income attributable to owners of parent of ¥740 million and net income per share of ¥55.23.
WATTS CO., LTD. is a Japan-based company mainly engaged in the operation of 100-yen shops and related services. The Company operates 100-yen shops with selling daily consumables such as stationery, cleaning, kitchen, and sanitary goods under the name of Watts, Watts with, meets. and silk. It also provides wholesale to other retail sales companies. Many of the stores are tenant-type stores in shopping centers, supermarkets, and department stores. The Company operates general merchandise stores Buona Vita, fresh supermarkets Value 100, lifestyle general stores Sostrene Grene in Denmark, and discount shops Real. The Company operates KOMONOYA in Thailand, Malaysia, Vietnam and Peru, and KOMONOKAEN in China.
WATTS CO., LTD. 
