Izumi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2022; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2023
July 25, 2022 at 09:00 pm EDT
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Izumi Co., Ltd. provided consolidated earnings guidance for the six months ending August 31, 2022. For the period, the company expects operating revenue of JPY 223,800 million, operating profit of JPY 15,100 million, profit attributable to owners of parent of JPY 9,900 million or JPY 138.50 per share.
For the year ending February 28, 2023, the company expects operating revenue of JPY 454,300 million, operating profit of JPY 32,600 million, profit attributable to owners of parent of JPY 20,900 million or JPY 292.40 per share.
IZUMI CO., LTD. is a Japan-based company mainly engaged in the general retail business. The Company operates through two business segments. The Retail segment is engaged in the sale of clothing, housing-related goods and food products through its shopping centers, general merchandise stores (GMSs) and supermarkets. The Retail-related segment is engaged in the credit and finance business, the management of shop facilities, as well as the operation of restaurants. The Company is also engaged in the wholesale business and the real estate leasing business.
Izumi Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2022; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2023