Riken Vitamin Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
November 10, 2023 at 02:00 am EST
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Riken Vitamin Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 90,600 million against previous guidance of JPY 92,000 million. Operating income to be JPY 7,700 million against previous guidance of JPY 6,800 million. Profit
attributable to owners of parent to be JPY 6,600 million against previous guidance of JPY 5,600 million. Earnings per share to be JPY 201.09 against previous guidance of JPY 170.64.
RIKEN VITAMIN CO., LTD. is a Japan-based food processing company. The Company operates its business through three segments. The Domestic Food segment is primarily engaged in the manufacture and sale of household food products, commercial food products and raw materials for food processing, including seaweed products, dressings, food extracts and seasonings, food improving agents, vitamin and health food. The Domestic Chemicals and Others segment is mainly engaged in the manufacture and sale of chemical improving agents and animal feed additives. The Overseas segment is mainly engaged in the manufacture and sale of improving agents for food and chemical products, as well as processed marine products and frozen vegetables. The Company distributes its products in Japan, Southeast Asia, South Asia, the Middle East, Oceania, Europe, Africa, the North America, Latin America, China, Taiwan and South Korea, among others.
RIKEN VITAMIN CO., LTD. 