Milbon Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending December 31, 2023
November 10, 2023 at 01:00 am EST
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Milbon Co., Ltd. revised consolidated earnings guidance for the year ending December 31, 2023. For the year, the company expects net sales of ¥47,820 million compared to previous forecast of JPY 48,000 million, operating income of ¥6,000 million compared to previous forecast of JPY 7,350 million, profit attributable to owners of parent of ¥4,260 million compared to previous forecast of JPY 5,200 million and earnings per share of ¥130.94 compared to previous forecast of JPY 159.80.
Milbon Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of hair cosmetics, as well as the provision of related services. The Company is involved in the provision of permanent wave lotions, including thioglycolic acid permanent wave lotion, cysteine permanent wave lotion and anti-frizz straightening lotion; hair care products, including shampoos, hair conditioners, hair treatment, hair tonics, hair creams, liquid and foamy hairdressing products, setting lotions and hair sprays; hair colorants, encompassing oxidation hair dyes, hair dyeing products and hair bleaches, as well as other products, including hair rods, rollers, flat irons and schedule books, among others.
MILBON CO., LTD. 
