Itoki Corporation Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019, Announces Consolidated Earnings Guidance for the Year Ending December 31, 2019
November 11, 2019
Share
Itoki Corporation announced consolidated earnings results for the nine months ended September 30, 2019. For the period, the company reported net sales of JPY 92,137 million against JPY 85,186 million for the same period last year. Operating profit was JPY 1,472 million against JPY 1,247 million for the same period last year. Ordinary profit was JPY 1,510 million against JPY 1,561 million for the same period last year. Profit was JPY 394 million against JPY 907 million for the same period last year. Earnings per share was JPY 10.00 against JPY 20.78 for the same period last year.
For the year ending December 31, 2019, the company expects Net sales of JPY 123,000 million, operating profit of JPY 3,100 million, ordinary profit of JPY 3,000 million, Profit attributable to owners of parent of JPY 1,700 million and earnings per share of JPY 37.32.
ITOKI CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of office furniture. The Company operates in two business segments. The Office Related segment is engaged in the manufacture and sale of workstations, tables, desk accessories and other office desks, office chairs, meeting chairs, system storage furniture, lockers and other storage furniture. It also provides project management (PM) services, including the repair, assembly and construction of offices, maintenance services and relocation services, as well as the maintenance, rental and recycling of office furniture. The Equipment segment is engaged in the manufacture and sale of storage shelves, office security equipment, building partitions, logistics equipment, commercial equipment, research equipment, powder equipment and others, as well as the provision of building materials and interior works. The Company is also engaged in the provision of household furniture, and the development of software.
Itoki Corporation Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019, Announces Consolidated Earnings Guidance for the Year Ending December 31, 2019