Ito En, Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended April 30, 2021
June 01, 2021 at 11:30 am IST
Share
Ito En, Ltd. revised consolidated earnings guidance for the fiscal year ended April 30, 2021. For the year, the company expects revised net sales of JPY 446,281 million, operating income of JPY 16,675 million, profit attributable to owners of parent of JPY 7,011 million and earnings per share of JPY 55.10 compared to previously expected net sales of JPY 450,000 million, operating income of JPY 12,300 million, profit attributable to owners of parent of JPY 5,800 million and earnings per share of JPY 45.09.
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. 
