Happiness and D Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending August 31, 2021
October 28, 2020 at 10:00 am IST
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Happiness and D Co., Ltd. provided earnings guidance for the fiscal year ending August 31, 2021. For the year, the company expects net sales are JPY 20.382 billion, operating income is JPY 300 million, and ordinary income is JPY 276 million and net income of JPY 152 million. The company expects comparable store sales to be around 93% of the fiscal year-end prior to the outbreak of Corona.
Happiness and D Co., Ltd. is engaged in operation of select shops under the name Happiness and GINZA Happiness in the tenants of national shopping centers. It engages in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings and bracelets; watches, such as imported brand watches and home-made brand watches; handbags and accessories, such as brand bags, wallets, key cases, ties and perfume, as well as sunglasses and glasses. It is also engaged in e-commerce (EC) business. It operates official mail-order site, and also opens stores in Yahoo and other shopping sites.