King Jim Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending June 20, 2024
November 02, 2023 at 03:00 am
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King Jim Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending June 20, 2024. For the first half, the company expects net sales of JPY 18,000 million, operating loss of JPY 540 million, profit attributable to owners of parent of JPY 200 million and basic loss per share of JPY 7.01 against previous guidance of net sales of JPY 19,900 million, profit attributable to owners of parent of JPY 40 million and basic earnings per share of JPY 1.40.
For the year, the company expects net sales of JPY 40,000 million, profit attributable to owners of parent of JPY 260 million and basic earnings per share of JPY 9.11 against previous guidance of net sales of JPY 42,000 million, operating profit of JPY 700 million, profit attributable to owners of parent of JPY 600 million and basic earnings per share of JPY 21.03.
KING JIM CO., LTD. is a Japan-based company mainly engaged in the planning, manufacture and sale of stationeries, office supplies and interior decoration products. The Company operates in two business segments. The Stationeries and Office Supplies segment is engaged in the planning, manufacture and sale of general stationeries such as files, file bindings and office automation (OA) support supplies, as well as electronic stationeries such as Tepra label printers and Pomera digital memos. The Interior Lifestyle segment is engaged in the planning and sale of photo frames, aroma related products, watches, kitchen products and interior decoration products, the import, planning and sale of artificial flowers and interior goods, as well as the mail order sale of original furniture products.