Oenon Holdings, Inc. Provides Earnings Guidance for the Year Ending December 31, 2023
May 15, 2023 at 02:00 am
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Oenon Holdings, Inc. provided earnings guidance for the year ending December 31, 2023. For the year, the company expected net sales of JPY 88,000 million, operating income of JPY 1,000 million and profit attributable to owners of the parent of JPY 500 million or Basic EPS to be $8.59.
Oenon Holdings, Inc. is a Japan-based holding company mainly engaged in the liquor business. The Company operates in four business segments. The Liquor segment is engaged in the production, sale, transportation and cargo handling of shochu (Japanese spirits), shochu-based beverage, sake, synthetic sake, plum wine, processed liquor and wines, as well as the restaurant business. The Processing Starch segment is engaged in the sale of starch for processing. The Enzyme and Pharmaceutical segment is engaged in the production and sale of enzymes, bulk drugs, diagnostic drugs and others. The Real Estate segment is engaged in the purchase, sale and leasing of real estate.