Hard Off Corporation Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023, and the Year Ending March 31, 2024
August 03, 2023
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Hard Off Corporation Co.,Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023, and the year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of ¥14,300 million, an Operating profit of ¥1,017 million, Profit attributable to owners of the parent of ¥720 million or ¥51.81 basic per share.
For the year ending March 31, 2024, the company expects net sales of ¥30,000 million, an Operating profit of ¥2,550 million, Profit attributable to owners of the parent of ¥1,700 million or ¥122.32 basic per share.
Hard Off Corporation Co Ltd is a Japan-based company mainly engaged in the purchase and sale of reused goods. It operates through two segments. The Reuse segment operates the reuse shops Hard Off, Off House, Mode Off, Garage Off, Hobby Off, Liquor Off, and Book Off (Franchisee). Hard Off buys and sells computers, audio and visual equipment, musical instruments, and watches. Off House buys and sells brand-name products, furniture, and interior goods. Mode Off buys and sells women's and men's clothing, and bags. Garage Off buys and sells audio equipment, tires, dress-up products, and other automotive accessories. Hobby Off buys and sells trading cards and games. Liquor Off buys and sells alcoholic beverages, and glasses. Book Off buys and sells books, and compact discs (CDs). The Franchise (FC) segment operates the franchise chain business of the reuse shops Hard Off, Off House, Mode Off, Garage Off, Hobby Off, and Liquor Off. The Company is also engaged in systems development business.