Ito En, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Full Year Ending April 30, 2021
June 15, 2020
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Ito En, Ltd. provided consolidated and non-consolidated earnings guidance for the full year ending April 30, 2021. For the full year ending April 30, 2021, on the consolidated basis, the company expects net sales of JPY 481,000 million, operating income of JPY 20,000 million, profit attributable to owners of parent of JPY 13,000 million and EPS of JPY 104.46.
For the full year ending April 30, 2021, on the non-consolidated basis, the company expects net sales of JPY 376,200 million, operating income of JPY 16,700 million, profit of JPY 13,200 million and EPS of JPY 106.11.
ITO EN, LTD. is mainly engaged in the manufacture and sale of tea and drinks. The Company operates in three business segments. The Leaf and Drink related segment is engaged in the manufacture and sale of green tea, oolong tea, and barley tea. This Segment also plans and develops beverages, purchases and sells finished products, purchases raw materials for fruit juice and coffee, processes dairy products, such as yogurt, and cultivates tea leaves. The Food and Drink related segment operates and franchises restaurants of specialty coffee in Japan. The Others segment is involved in the manufacture and sell of supplements in Florida.