Shimojima Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 11, 2023 at 07:00 am
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Shimojima Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 55,028 million. Net income was JPY 1,542 million.
Basic earnings per share from continuing operations was JPY 66.23.
Shimojima Co Ltd is a Japan-based company principally engaged in the purchase and sale of packing materials such as paper bags, wrapping paper/cartons, plastic bags, adhesive tapes, strings/ribbons, and store supplies. The Company operates through three segments. The Paper Products segment is engaged in the sale of original brand products including paper bags, wrapping paper and paper containers. The Chemical Products and Packaging Materials segment is engaged in the sale of chemical products such as polyethylene bags and polypropylene (PP) bags, as well as adhesive tapes, food packaging materials and string ribbons. The Store Supplies segment is engaged in the sale of horticultural-related materials, and apparel-related materials including office supplies, store supplies, daily necessities, foodstuffs, as well as hangers that are handled by subsidiaries. The Company is also engaged in logistics business.