I-ne CO., LTD. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 11:34 am IST
Share
I-ne CO., LTD. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 9,716 million. Net income was JPY 558 million.
Basic earnings per share from continuing operations was JPY 31.9. Diluted earnings per share from continuing operations was JPY 30.84.
I Ne Co Ltd is a Japan-based company mainly engaged in the development and sale of hair care products, beauty appliances, cosmetics and health foods. The Company has two regional segments. Domestic segment is engaged in the sale of products to retailers and mass retailers through wholesalers in Japan, and direct sale business to general consumers in Japan using the Internet. Overseas segment is engaged in the direct sale of products to overseas general consumers using the Internet, as well as the wholesale business to overseas Internet distributors, sales agents and beauty specialty stores. The brands include BOTANIST, SALONIA, skinvill, NICOLESS, CAROME., CHILLOUT and DROAS. The main products include shampoo treatments, body soaps, facial cleansers, cleansings, body gels and other care products, hair irons and other beauty appliances, as well as tobaccos, liquid eyeliners and relaxation drinks. It also provides marketing solution from attracting customers to distribution operations.