KOKUYO Q3 Announcement Full-year upward revision

KOKUYO announced the consolidated cumulative results for the third quarter of the fiscal year ending December 2020 (January 1st to September 30th, 2020) on October 26, with sales of 223,664 million (previous year). Operating income was 12,198 million yen (down 17.3%), ordinary income was 11,787 million yen (down 24.8%), and net income was 8,330 million yen (down 28.0%). ..
Sales of space value domains such as office furniture were 109.5 billion yen (down 6.2% year-on-year). Operating profit was 11.3 billion yen (down 13.8%). There are signs of a recovery in demand due to the movement of economic normalization.
In the global stationery domain such as stationery, sales decreased 14.1% to 53.7 billion yen and operating income decreased 19.4% to 3.8 billion yen due to the impact of the new coronavirus. We aimed to expand our share in the BtoC market.
For the full year, consolidated sales have been revised upward from 290 billion yen announced on August 3 to 296 billion yen (down 7.6% from the previous year). Operating income of 12.4 billion yen (down 25.9%), ordinary income of 12.2 billion yen (down 33.0%), and net income of 6.9 billion yen (down 54.9%) have also been revised upward.

声明:国际文仪网(www.ios.com.cn)原创专稿,转载请注明出处。 责任编辑:Rickey