Watts Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending February 2022 and Full Year Ending August 2022
October 11, 2021
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Watts Co., Ltd. provided consolidated earnings guidance for the six months ending February 2022 and full year ending August 2022. For the six months ending February 2022, the company expects sales to be ?29,350 million, operating profit to be ?470 million, net income attributable to owners of parent to be ?215 million and net income per share to be ?16.05.
For the year ending August 2022, the company expects sales of ?60,200 million, operating profit of ?1,035 million, net income attributable to owners of parent of ?510 million and net income per share of ?38.07.
WATTS CO., LTD. is a Japan-based company mainly engaged in the operation of 100-yen shops and related services. The Company operates 100-yen shops with selling daily consumables such as stationery, cleaning, kitchen, and sanitary goods under the name of Watts, Watts with, meets. and silk. It also provides wholesale to other retail sales companies. Many of the stores are tenant-type stores in shopping centers, supermarkets, and department stores. The Company operates general merchandise stores Buona Vita, fresh supermarkets Value 100, lifestyle general stores Sostrene Grene in Denmark, and discount shops Real. The Company operates KOMONOYA in Thailand, Malaysia, Vietnam and Peru, and KOMONOKAEN in China.
WATTS CO., LTD. 
