J. Front Retailing Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2024 and Fiscal Year Ending February 28, 2025
April 15, 2024 at 02:00 am EDT
Share
J. Front Retailing Co., Ltd. provided consolidated earnings guidance for the Six months ending August 31, 2024 and fiscal year ending February 28, 2025. For the Six months ending August 31, 2024, the company expects revenue to be JPY 204,000 million. Operating profit to be JPY 23,000 million. Profit attributable to owners of parent to be JPY 15,000 million.
For the fiscal year ending February 28, 2025, the company expects revenue to be JPY 421,500 million. Operating profit to be JPY 37,500 million. Profit attributable to owners of parent to be JPY 23,500 million.
J.Front Retailing Co., Ltd. is a holding company organized around 4 areas of activity:
- operation of department stores (57.4% of net sales): distribution of clothes, food products, household items, etc.;
- operation of commercial centers (15.6%);
- real estate development and management (12.3%);
- issuance and management of credit cards (2.2%);
- other (12.5%): wholesale distribution of electronic products, food products, construction materials, textile products, etc., design and manufacturing of furniture, direct marketing services, real estate leasing, etc.
J. Front Retailing Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2024 and Fiscal Year Ending February 28, 2025
J.FRONT RETAILING CO., LTD. 
