Watahan & Co.,Ltd. Reports Consolidated Earnings Results for the Second Quarter Ended September 2020
October 29, 2020 at 11:30 am IST
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Watahan & Co.,Ltd. reported consolidated earnings results for the second quarter ended September 2020. For the quarter, the company reported net sales of JPY 58,896 million compared to JPY 58,846 million a year ago. Operating profit was JPY 2,300 million compared to JPY 934 million a year ago. Profit attributable to owners of parent was JPY 1,544 million compared to JPY 551 million a year ago. Basic earnings per share were JPY 78.07 compared to JPY 27.94 a year ago.
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.
WATAHAN & CO.,LTD. 
