Sanrio Company, Ltd. Revises Earnings Guidance for the First Half Ending September 30, 2023 and Full Year Ending March 31, 2024
August 02, 2023 at 03:00 am EDT
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Sanrio Company, Ltd. revised earnings guidance for the first half ending September 30, 2023 and full year ending March 31, 2024. For the first half, the company expects sales of ¥40,800 million compared to previous guidance of ¥34,300 million, operating profit of ¥10,300 million compared to previous guidance of ¥4,800 million, net profit attributable to owners of parent of ¥8,500 million compared to previous guidance of ¥4,200 million and net profit per share of ¥105.40 compared to previous guidance of ¥52.08.
For the year, the company expects sales of ¥84,100 million compared to previous guidance of ¥74,200 million, operating profit of ¥17,000 million compared to previous guidance of ¥11,200 million, net profit attributable to owners of parent of ¥12,000 million compared to previous guidance of ¥8,200 million and net profit per share of ¥148.81 compared to previous guidance of ¥101.68.
Sanrio Company, Ltd. is a Japan-based company mainly engages in the planning and sales of social communication gift products, theme park business and others. Social Communication Gifts business mainly involves in the planning and sales of social communication gifts, as well as greeting cards, publications, the production and sales of video software, and the licensing and management of copyright. The Theme Park business operates theme parks, and plans and provides musicals and others. In addition, the Company is also engaged in the sale and leasing of robots, automobile loan, property and casualty insurance agency business and others.
SANRIO COMPANY, LTD. 
