Joshin Denki Co., Ltd. Provides Earnings Guidance for the Six Months of Fiscal 2022 and Full Year Ending March 31, 2022
August 03, 2021 at 09:00 am IST
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Joshin Denki Co., Ltd. provided earnings guidance for the six months of fiscal 2022 and full year ending March 31, 2022. For the six months, the company expects net sales of JPY 200,000 million, Operating income of JPY 4,200 million, Ordinary income of JPY 4,200 million, Net income of JPY 2,700 million and Net income per share of JPY 100.91.
For the year ending March 31, 2022, the company expects net sales of JPY 420,000 million, Operating income of JPY 12,000 million, Ordinary income of JPY 12,000 million, Net income of JPY 8,000 million and Net income per share of JPY 298.99.
Joshin Denki Co.,Ltd. is a Japan-based company mainly engaged in the retail business of home electric appliances and related business. The Company mainly engaged in the sale of home appliances, information and communication equipment, entertainment products, housing equipment, and related products. The Company is also engaged in the provision of product delivery, installation and maintenance services, property and casualty insurance and life insurance agency services, music and video software rental services, buying and selling used books services, and the provision of management guidance and products to franchise contractors. The Companyâs shop brands include Joshin, J&P, DISC PIER, Joshin OUTLET, Mother Pier, Mega Watch, BOOK-OFF, and TSUTAYA.