Forecasts
(Millions of yen)
2023/6 |
2024/6 (Forecast) |
YoY Amount |
YoY Percentage |
|
| Net Sales | 39,393 |
40,000 |
606 |
1.5% |
| Operating profit | 368 |
0 |
-368 |
-100.0% |
| Ordinary profit | 637 |
280 |
-357 |
-56.1% |
| Profit attributable to owners of parent | 419 |
260 |
-159 |
-38.1% |
While the Japanese economy is showing signs of gradual recovery, partly due to a recovery in personal consumption and an increase in inbound demand as social activities normalize, downside risks remain, such as high prices and the risk of a global economic slowdown. In addition, the business environment surrounding the Company is changing as the paperless movement and digitization are progressing due to COVID-19.
In response to such changes in the economic and business environment, in the fiscal year ending June 20, 2024, the final year of the Group’s 10th Medium-Term Management Plan, the Group will strive to sustainably increase corporate value through the development of new products and by uncovering new demand in both the stationery and office supply business and the interior lifestyle business under the policies of “focus on growth fields” and “further strengthen core businesses.”
In growth fields, we will proactively launch new products, mainly in the fields of office and living environment products and interior lifestyle business. In the core businesses, the Company will implement sales promotion and advertising measures to increase the level of recognition and propose new applications regarding TEPRA.
We aim to improve our business performance through the measures mentioned above. However, we expect sales to increase and profits to decrease in the fiscal year ending June 2024 compared to the previous fiscal year due to the impact of rising costs and the continued depreciation of Japanese yen.
The earnings forecast announced on August 1, 2023 has been revised on October 31, 2023.
Related page
- Basic Policy and Structure
- Directors and Auditors
- Addressing the Corporate Governance Code
- Compliance and Risk Management
- Internal Control System
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