Seria Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 2020 and Fiscal Year Ending March 2021
July 31, 2020 at 07:00 am
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Seria Co., Ltd. provided earning guidance for the six months ending September 2020 and Fiscal Year Ending March 2021. For the six months ending September 2020, the company expects net sales of JPY 94,800 million, operating profit of JPY 9,200 million, profit of JPY 6,250 million and basic earnings per share of JPY 82.41.
For the fiscal year ending March 2021, the company expects net sales of JPY 192,800 million, operating profit of JPY 18,500 million, profit of JPY 12,700 million and basic earnings per share of JPY 167.45.
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.