Wacoal Holdings Corp. Provides Consolidated Earnings Guidance for the Six-Months Period Ending September 30, 2023 and Full Year Ending March 31, 2024
May 12, 2023 at 03:00 am EDT
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Wacoal Holdings Corp. provided consolidated earnings guidance for the six-months period ending September 30, 2023 and full year ending March 31, 2024. For the six-months period ending September 30, 2023, the company expects net sales of JPY 103,000 million, operating income of JPY 4,400 million, net profit attributable to owners of parent of JPY 3,900 million and basic earnings per share of JPY 67.23.
For the full year ending March 31, 2024, the company expects net sales of JPY 205,000 million, operating income of JPY 6,000 million, net income attributable to owners of parent of JPY 4,800 million and basic earnings per share of JPY 82.74.
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.