Shimojima Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Year Ending March 31, 2023
June 03, 2022 at 02:30 pm IST
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Shimojima Co., Ltd. provided consolidated earnings guidance for the six months and year ending March 31, 2023. For the period, the company expected net sales of JPY 23,900 million, operating loss of JPY 250 million, loss attributable to owners of parent of JPY 100 million or JPY 4.30 per basic share.
For the year, the company expected net sales of JPY 50,700 million, operating income of JPY 360 million, net income attributable to owners of parent of JPY 400 million or JPY 17.19 per basic share.
Shimojima Co Ltd is a Japan-based company principally engaged in the purchase and sale of packing materials such as paper bags, wrapping paper/cartons, plastic bags, adhesive tapes, strings/ribbons, and store supplies. The Company operates through three segments. The Paper Products segment is engaged in the sale of original brand products including paper bags, wrapping paper and paper containers. The Chemical Products and Packaging Materials segment is engaged in the sale of chemical products such as polyethylene bags and polypropylene (PP) bags, as well as adhesive tapes, food packaging materials and string ribbons. The Store Supplies segment is engaged in the sale of horticultural-related materials, and apparel-related materials including office supplies, store supplies, daily necessities, foodstuffs, as well as hangers that are handled by subsidiaries. The Company is also engaged in logistics business.
SHIMOJIMA CO., LTD. 
