NAFCO Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2020 and Fiscal Year Ending March 2021
July 31, 2020 at 11:30 am IST
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NAFCO Co., Ltd. provided consolidated earnings guidance for the six months ending September 2020 and fiscal year ending March 2021. For the six months ending September 2020, the company expects consolidated net sales of JPY 121,235 million, operating profit of JPY 9,434 million, profit of JPY 5,799 million and basic earnings per share of JPY 203.02.
For the fiscal year ending March 2021, the company expects consolidated net sales of JPY 223,235 million, operating profit of JPY 12,434 million, profit of JPY 7,499 million and basic earnings per share of JPY 262.54.
NAFCO Co., Ltd. is primarily engaged in the operation of specialty chain stores focused on home center business. The Company offers materials, Do-It-Yourself (DIY) products, gardening materials, daily necessities, furniture and home fashion goods through its chain stores located in Kyushu, China, Kansai and Central Areas. The Company's store type is mainly large-scale store with enough parking space in the suburb, offering with a wild selection of products and prices that can satisfy a wide range of customers.