Ito En, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Period Ending October 31, 2022 and Fiscal Year Ending April 30, 2023
June 01, 2022 at 11:30 am IST
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Ito En, Ltd. provided consolidated and non-consolidated earnings guidance for the period ending October 31, 2022 and fiscal year Ending April 30, 2023. For the period ending October 31, 2022, on consolidated basis, the company expected net sales to be JPY 220,100 million, Operating income to be JPY 11,600 million, Profit attributable to owners of parent to be JPY 7,100 million and Earnings per share to be JPY 57.21.
For the period ending October 31, 2022, on non-consolidated basis, the company expected net sales to be JPY 167,600 million, Operating income to be JPY 10,470 million, Profit attributable to owners of parent to be JPY 8,000 million and Earnings per share to be JPY 64.64.
For the fiscal year Ending April 30, 2023, on consolidated basis, the company expected net sales to be JPY 418,000 million, Operating income to be JPY 20,000 million, Profit attributable to owners of parent to be JPY 12,000 million and Earnings per share to be JPY 96.28.
For the fiscal year Ending April 30, 2023, on non-consolidated basis, the company expected net sales to be JPY 312,500 million, Operating income to be JPY 16,500 million, Profit attributable to owners of parent to be JPY 12,200 million and Earnings per share to be JPY 97.93.
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.
ITO EN, LTD. 
