Ito En, Ltd. Provides Consolidated Earnings Guidance for the Second Quarter Ending October 31, 2022 and Year Ending April 30, 2023
September 01, 2022 at 07:00 am
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Ito En, Ltd. provided consolidated earnings guidance for the second quarter ending October 31, 2022 and year ending April 30, 2023. For the second quarter ending October 31, 2022, the company expects net sales of JPY 220,100 million, operating income of JPY 11,600 million and profit attributable to owners of parent of JPY 7,100 million or JPY 57.21 per share.
For the year ending April 30, 2023, the company expects net sales of JPY 418,000 million, operating income of JPY 20,000 million and profit attributable to owners of parent of JPY 12,000 million or JPY 96.28 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.
ITO EN, LTD. 
