Itochu Enex Co.,Ltd. Announces Earnings Guidance for the Fiscal Year Ending March 31, 2022
January 30, 2022 at 11:00 pm EST
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Itochu Enex Co.,Ltd. announced earnings guidance for the fiscal year ending March 31, 2022. For the full Fiscal Year, the company expects Revenue of JPY 900,000 million against previous guidance of JPY 800,000 million, Operating income of JPY 20,500 million against previous guidance of JPY 20,500 million, Profit attributable to owners of parent of JPY 12,500 million against previous guidance of JPY 12,500 million and net income per share of JPY 110.74 against previous guidance of JPY 110.74.
Itochu Enex Co Ltd is a Japan-based company mainly engaged in home-life business, car-life business, industrial business, and power and utility business. The Company operates through four segments. The Home Life Business segment is engaged in the sale and provision of services of liquefied petroleum (LP) gas, kerosene, electric power, life-related equipment and smart energy equipment. The Car Life Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, electric power, and automobiles. The Industrial Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, heavy oil, LP gas, and gas-to-liquid (GTL) fuel, the import and export of petroleum products, and the lease of terminal tanks. The Power & Utility Business segment is engaged in electric power generation, steam, district heating service, comprehensive energy service, electric heat supply service, asset management, and rental car business.