Shobido Corporation Withdraws Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2020
May 11, 2020 at 02:00 am EDT
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SHOBIDO Corporation announced withdrawal of consolidated earnings guidance for the fiscal year ending September 30, 2020. For the period, the company announced that due to the expansion of the new coronavirus infection, there are many uncertain factors that affect business performance, making it difficult to predict numerical figures. For this reason, the company will withdraw earnings forecast announced on November 11, 2019, and make it "undecided". In the future, the company will carefully assess the impact of the new coronavirus on the performance of infectious diseases and announce them promptly when reasonable expectations can be disclosed.
SHOBIDO Corporation, formerly SHO-BI Corporation, is a Japan-based company engaged in the sale of cosmetics, apparels, character goods and contact lens related products to retailers, wholesalers and general consumers. The Company is engaged in the proposal and planning of products that match customer needs, and production outsourcing to manufacturers in Japan and overseas, as well as the planning, manufacture and sale of contact lenses. The brands include DECORATIVE EYES, PienAge and NADESHIKO COLOR. The products include eye makeup products such as eye shadow, pencil eye liner and mascara products, cosmetics such as makeup brushes, puffs, lips and cheeks, nail products such as nail colors, nail chips and nail stickers, travel miscellaneous goods such as travel products and travel sets, fashion miscellaneous goods such as cosmetic pouches, cases, mirrors, wallets and umbrellas, kids goods such as stationeries, bags and towels, as well as gift products.