Seria Co., Ltd. Reports Earnings Results for the Third Quarter Ended December 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
January 31, 2017 at 10:00 am
Share
Seria Co., Ltd. reported earnings results for the third quarter ended December 2016. For the quarter, the company reported net sales were JPY 108,690 million against JPY 97,742 million a year ago. Operating income was JPY 11,473 million against JPY 8,974 million a year ago. Profit was JPY 7,764 million or JPY 204.76 basic per share against JPY 5,815 million or JPY 153.35 basic per share a year ago.
The company provided earnings guidance for the full year ending March 31, 2017. For the year, the company expects net sales were JPY 144,300 million, operating income was JPY 14,600 million, profit was JPY 10,000 million or JPY 263.71 basic per share.
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.
SERIA CO., LTD. 
