Watahan & Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2020 and Full Year Ending March 31, 2021
July 30, 2020 at 11:30 am IST
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Watahan & Co.,Ltd. provided consolidated earnings guidance for the six months ending September 2020 and full year ending March 31, 2021. For the six months ending September 2020, the company expects net sales of JPY 59,785 million, operating profit of JPY 1,770 million, Profit attributable to owners of parent of JPY 1,139 million and basic earnings per share of JPY 115.29.
For the year ending March 31, 2021, the company expects net sales of JPY 120,277 million, operating profit of JPY 2,950 million, Profit attributable to owners of parent of JPY 1,885 million and basic earnings per share of JPY 190.75.
Watahan & Co.,Ltd. is a Japan-based company primarily engaged in the retail business, construction business and trading business. The Company operates in three segments. The Retail segment is dealing with the home center items, daily goods, processed foods, fresh foods, prepared dishes etc. It also provides a one-stop shopping center where shopping is completed at one place by having a wide range of everyday necessities. The Construction segment is engaged in various construction works such as interior and exterior work, multi-purpose parking lot construction, civil engineering construction work and sales of civil engineering materials, etc. The Trading segment is engaged in the import and sales of pharmaceutical raw materials such as witepzole, acetaminophen, dalteparin, nitroglycerin etc. as well as raw materials for chemical products such as candelilla, jojoba oil, yucca, chicle etc. Other business involves in real estate leasing business.