Kokuyo Co., Ltd. Reports Earnings Results for the First Quarter of the Fiscal Year Ending December 31, 2021
May 11, 2021 at 11:30 am IST
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Kokuyo Co., Ltd. reported earnings results for the first quarter of the fiscal year ending December 31, 2021. For the quarter, the company reported Net Sales were 90.157 billion, down 0.1% from the previous year. Operating income was 9.982 billion, an increase of 11.7%. Ordinary income was 5.383 billion, down 39.5%. Net income for the quarter was 2.172 billion, or a decrease of 64.2%. Net income per share for the quarter was 18.38 yen, a decrease of 64.2%.
KOKUYO CO., LTD. is a Japan-based manufacturing company primarily offering stationery and furniture products. The Company operates in three segments. The Stationery-related segment manufactures, purchases and sells stationery products and business supplies. The Furniture-related segment manufactures, purchases and sells office furniture, space design and consultation business. The Mail-order and Retail segment is engaged in the mail-order sales of office products and the sale of interiors and household goods.