Seria Co., Ltd. Announces Earnings Results for the Period Ended December 31, 2019; Announces Earnings Guidance for the Period Ending March 31, 2020
January 31, 2020 at 06:00 am
Share
Seria Co., Ltd. announced earnings results for the period ended December 31, 2019. For the period, the company reported net sales of JPY 134,715 million against JPY 128,509 million for the same period last year. Operating profit was JPY 12,963 million against JPY 13,002 million for the same period last year. Ordinary profit was JPY 13,029 million against JPY 13,056 million for the same period last year. Profit was JPY 8,774 million against JPY 8,824 million for the same period last year. Earnings per share was JPY 115.70 against JPY 116.36 for the same period last year.
For the period ending March 31, 2020, the company expects Net sales of JPY 180,400 million, Operating profit of JPY 16,900 million, Ordinary profit of JPY 16,950 million, Profit of JPY 11,600 million and EPS of JPY 152.95.
Seria Co Ltd. is a Japan-based discount retailer of general merchandise that sells products at a single price of 100 yen. The Company is involved in the retail of consumer products through stores, as well as the wholesale of products to franchisees, big clients and overseas agents. The Company offers daily miscellaneous goods such as make-up goods, kitchen supplies, eating utensils, washing and bathing goods, sanitary products, cleaning substances, cosmetics, accessories, sewing goods, stationery, toys, character goods, gardening goods, health products, hygiene products, clothes, cleaning products, storage goods, tools, umbrellas, electrical appliances, pet goods, interior goods, outdoor products and seasonal products, among others. It also provides sweet stuff including instant foods, seasonings, canned food, noodles, rice, confectionery, drinks, bakery products, sweets and others.
SERIA CO., LTD. 
