King Jim Co., Ltd. Revises Earnings Guidance for the First Half of the Fiscal Year Ending June 20, 2023
February 08, 2023 at 12:30 pm IST
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King Jim Co., Ltd. revised earnings guidance for the first half of the fiscal year ending June 20, 2023. For the period, the company expects net sales of JPY 18,500 million compared to previous forecast of JPY 19,000 million, operating loss of JPY 280 million compared to previous forecast operating profit of JPY 0 million, Loss attributable to owners of parent of JPY 200 million compared to previous forecast profit attributable to owners of parent of JPY 120 million, basic loss per share of JPY 7.02 compared to previous forecast basic earnings per share of JPY 4.21.
KING JIM CO., LTD. is a Japan-based company mainly engaged in the planning, manufacture and sale of stationeries, office supplies and interior decoration products. The Company operates in two business segments. The Stationeries and Office Supplies segment is engaged in the planning, manufacture and sale of general stationeries such as files, file bindings and office automation (OA) support supplies, as well as electronic stationeries such as Tepra label printers and Pomera digital memos. The Interior Lifestyle segment is engaged in the planning and sale of photo frames, aroma related products, watches, kitchen products and interior decoration products, the import, planning and sale of artificial flowers and interior goods, as well as the mail order sale of original furniture products.