Ito En, Ltd. Announces Consolidated Earnings Guidance for the Fiscal Year Ending April 30, 2022
December 01, 2021 at 06:00 am
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Ito En, Ltd. announced consolidated earnings guidance for the Fiscal Year Ending April 30, 2022. For the year, the company expects Net sales of JPY 403,100 million, Operating profit of JPY 20,000 million, Ordinary profit of JPY 19,800 million, Profit attributable to owners of parent of JPY 12,800 million and EPS of JPY 102.84.
ITO EN, LTD. is mainly engaged in the manufacture and sale of tea and drinks. The Company operates in three business segments. The Leaf and Drink related segment is engaged in the manufacture and sale of green tea, oolong tea, and barley tea. This Segment also plans and develops beverages, purchases and sells finished products, purchases raw materials for fruit juice and coffee, processes dairy products, such as yogurt, and cultivates tea leaves. The Food and Drink related segment operates and franchises restaurants of specialty coffee in Japan. The Others segment is involved in the manufacture and sell of supplements in Florida.