Kato Sangyo Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending March 31, 2023 and Full Year Ending September 30, 2023
February 09, 2023 at 08:00 pm
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Kato Sangyo Co., Ltd. provided consolidated earnings guidance for the six months ending March 31, 2023 and full year ending September 30, 2023. For the six months, the company expected operating revenue to be JPY 530,000 million, operating profit to be JPY 7,200 million, ordinary profit to be JPY 8,050 million, profit attributable to owners of parent to be JPY 5,050 million and earnings per share to be JPY 150.18.
For the full year, the company expected operating revenue to be JPY 1,067,000 million, operating profit to be JPY 13,700 million, ordinary profit to be JPY 15,400 million, profit attributable to owners of parent to be JPY 9,900 million and earnings per share to be JPY 294.42.
KATO SANGYO CO., LTD. is a Japan-based company mainly engaged in the food wholesale business. The Company operates through four business segments. The Room-Temperature Distribution segment is engaged in the wholesale of processed foods and confectionery. It also manufactures and processes some of the products for sale. The Liquor Distribution segment is engaged in the wholesale of liquor. The Low-Temperature Distribution segment is engaged in the wholesale of low-temperature foods. The Overseas segment is engaged in the wholesale of processed foods. The Company is also engaged in the provision of logistics business, insurance agency business, restaurant franchise business, and the management and operation of some overseas affiliates.