Ichinen Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2023 and Year Ending March 31, 2024
August 01, 2023 at 02:00 am EDT
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Ichinen Holdings Co.,Ltd. provided consolidated earnings guidance for the six months ending September 2023 and year ending March 31, 2024. For the six months ending September 2023, the company expects net sales of JPY 65,335 million, operating profit of JPY 4,171 million and profit attributable to owners of parent of JPY 2,941 million or JPY 122.27 per basic share.
For the year ending March 31, 2024, the company expects net sales of JPY 131,000 million, operating profit of JPY 8,200 million and profit attributable to owners of parent of JPY 5,480 million or JPY 227.83 per basic share.
Ichinen Holdings Co Ltd is engaged in the car leasing related business. The Company operates through five business segments. The Car Leasing Related segment is engaged in the leasing of automobiles, equipment and other movable properties, the rental business and the disposal of expired leasing cars and the entrusted automotive maintenance business, among others. The Chemical segment manufactures and sells chemical products for automobile, machinery and equipment and industrial uses. The Parking segment operates client parking lots and coin-operated parking lots. The Machine Tool Sales segment sells machine tools, automotive maintenance tools, air conditioning tools and measuring tools, among others. The Synthetic Resin segment is engaged in the design, manufacture and sale of synthetic resin products. It is also engaged in the production and sales of agricultural products, leasing and management of properties, as well as the manufacture and sale of processed glass products.