Seria Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023
January 31, 2023 at 01:00 am EST
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Seria Co., Ltd. provided earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 214,000 million, operating profit of JPY 15,000 million, profit of JPY 10,000 million and basic earnings per share of JPY 132.90.
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.