Watahan & Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Period Ending September 30, 2023 and Fiscal Year Ending March 31, 2024
May 12, 2023 at 02:00 am EDT
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Watahan & Co.,Ltd. provided consolidated earnings guidance for the six months period ending September 30, 2023 and fiscal year ending March 31, 2024. For the six months, the company expects net sales to be JPY 65,763 million. Operating profit to be JPY 895 million. Profit attributable to owners of parent to be JPY 630 million. Basic earnings per share to be JPY 31.67.
For the fiscal year, the company expects net sales to be JPY 138,000 million. Operating profit to be JPY 2,724 million. Profit attributable to owners of parent to be JPY 1,850 million. Basic earnings per share to be JPY 92.99.
Watahan & Co.,Ltd. is a Japan-based company primarily engaged in the retail business, construction business and trading business. The Company operates in three segments. The Retail segment is dealing with the home center items, daily goods, processed foods, fresh foods, prepared dishes etc. It also provides a one-stop shopping center where shopping is completed at one place by having a wide range of everyday necessities. The Construction segment is engaged in various construction works such as interior and exterior work, multi-purpose parking lot construction, civil engineering construction work and sales of civil engineering materials, etc. The Trading segment is engaged in the import and sales of pharmaceutical raw materials such as witepzole, acetaminophen, dalteparin, nitroglycerin etc. as well as raw materials for chemical products such as candelilla, jojoba oil, yucca, chicle etc. Other business involves in real estate leasing business.
WATAHAN & CO.,LTD. 