Nitori Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending Aug. 20, 2020 and Full Year Ending February 20, 2021
June 24, 2020
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Nitori Holdings Co., Ltd. provided consolidated earnings guidance for the six months ending Aug. 20, 2020 and full year ending February 20, 2021. For the half year, the company expects net sales of JPY 318,900 million, operating income of JPY 57,700 million, net income to owners of parent of JPY 39,100 million and net income per share of JPY 347.07.
For the full year, the company expects net sales of JPY 653,200 million, operating income of JPY 112,200 million, net income to owners of parent of JPY 75,700 million and net income per share of JPY 671.96.
NITORI Holdings Co, Ltd. is a holding company specializing in the manufacture and distribution of furniture and home furnishings (sofas, chairs, tables, curtains, rugs, beds, mattresses, kitchen and dining furniture, etc.) and offices (armchairs, shelving, drawers, computer tables, etc.). The group is also developing a women's clothing distribution business.
At the end of March 2023, products are marketed through a network of 902 stores in Japan (773), China (67), Taiwan (53), Malaysia (7), Singapore and the United States, and via the Internet.