Seria Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 2022; Provides Earnings Guidance for the Year Ending March 2023
May 10, 2022 at 02:00 am EDT
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Seria Co., Ltd. provided earnings guidance for the six months ending September 2022. For the period, the company expects net sales of JPY 105,500 million, operating profit of JPY 8,600 million, profit of JPY 5,800 million or JPY 77.08 per share.
For the year ending March 2023, the company expects net sales of JPY 216,800 million, operating profit of JPY 17,500 million, profit of JPY 17,500 million or JPY 158.16 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.