Okuwa Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2023, and the Year Ending February 20, 2024
June 25, 2023
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Okuwa Co., Ltd. provided consolidated earnings guidance for the six months ending August 31, 2023, and the year ending February 20, 2024. For the six months ending August 31, 2023, the company expects an operating income of ¥124,000 million, an Operating profit of ¥800 million, Profit attributable to owners of the parent of ¥400 million or ¥9.12 basic per share.
For the year ending February 20, 2024, the company expects an operating income of ¥253,000 million, an Operating profit of ¥3,400 million, Profit attributable to owners of the parent of ¥1,200 million or ¥27.35 basic per share.
OKUWA CO., LTD. is a Japan-based company that operates its business under two segments. The Retail segment is engaged in the operation of supermarkets, sales of books, rental of DVDs, and management of cinema complexes and others. The Others segment is engaged in the expending of the restaurant chain, operation of store, running of hotel, management of facility, development of cleaning chain business, wholesale of agricultural products and processing and delivery business.