Komehyo Holdings Co.,Ltd. Revises Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 14, 2023 at 02:00 am EDT
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Komehyo Holdings Co.,Ltd. revised consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company now expects net sales of JPY 51,000 million, operating profit of JPY 3,200 million, profit attributable to owners of parent of JPY 2,200 million and net income per share of JPY 200.80 against net sales of JPY 48,000 million, operating profit of JPY 2,250 million, profit attributable to owners of parent of JPY 1,600 million and net income per share of JPY 146.03 as previously forecasted.
For the year, the company now expects net sales of JPY 106,000 million, operating profit of JPY 7,200 million, profit attributable to owners of parent of JPY 4,820 million and net income per share of JPY 439.93 against net sales of JPY 100,000 million, operating profit of JPY 5,800 million, profit attributable to owners of parent of JPY 4,000 million and net income per share of JPY 365.08 as previously forecasted.
Komehyo Holdings Co Ltd, formerly Komehyo Co Ltd, is a Japan-based company mainly engaged in the brand fashion business, the tire and wheel business and other business. The Company operates in two business segments. The Brand Fashion segment is involved in the purchase, sale, brokerage and auction management of new and used jewelry products, precious metals, watches, bags, clothing, kimono, cameras, musical instruments and others, as well as the sale of apparels, sneakers and shoe care products. The Tire and Wheel segment is involved in the planning, research, development, manufacture and sale of tires and wheels for passenger cars, automobile supplies and parts. The Company is also engaged in the leasing of real estate properties.
KOMEHYO HOLDINGS CO.,LTD. 
