Wacoal Holdings Corp. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 10, 2022 at 02:00 am EDT
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Wacoal Holdings Corp. provided consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months, the company expects revenue of ¥104,000 million, operating profit of ¥4,500 million, net profit attributable to owners of parent of ¥3,600 million and basic earnings per share of ¥58.66.
For the year, the company expects revenue of ¥205,000 million, operating profit of ¥6,500 million, net profit attributable to owners of parent of ¥5,500 million and basic earnings per share of ¥89.62.
WACOAL HOLDINGS CORP. is a holding company mainly engaged in the manufacturing and wholesale of innerwear, which include women's foundation wear, lingerie, nightwear and children's underwear; outerwear; sportswear, and other textile goods and related products, as well as the direct sale of certain products to consumers. The Company has four segments: Wacoal business (Domestic), Wacoal business (Overseas), Peach John Business and Other. The Wacoal Business (Domestic) segment is engaged in the planning, design of products, the procurement of raw materials, as well as the provision of products to end consumers through domestic department stores, mass retailers and other general retail stores, directly managed stores, e-commerce sites and domestic and overseas sales companies. The Wacoal Business (Overseas) segment manufactures, sells products such as innerwear. The Peach John Business segment retails products. The Others segment include the manufacture and sale of mannequin dolls.