Ito En, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending April 30, 2021
September 01, 2020 at 07:00 am
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Ito En, Ltd. provides consolidated earnings guidance for the fiscal year ending April 30, 2021. For the period, the company expects net sales to be JPY 481,000 million, operating income to be JPY 20,000 million, ordinary income to be JPY 19,800 million, profit attributable to owners of parent to be JPY 13,000 million or JPY 104.46 per share.
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.