News ReleaseLawson Revises Earnings Forecasts
TOKYO, JAPAN, 9 29, 2021
Lawson, Inc. has revised its earnings forecasts for the first half of fiscal 2021 ending February 28, 2022. The previous forecasts were announced on April 8, 2021.
Ⅰ. Revision to Consolidated Earnings Forecasts
1. Revision to Earnings Forecasts for the First Half of Fiscal 2021 (March 1, 2021 to August 31, 2021)
- (Consolidated)
| Gross operating revenue |
Operating income | Ordinary income | Profit attributable to owners of parent |
Profit per share | |
|---|---|---|---|---|---|
| Millions of yen | Millions of yen | Millions of yen | Millions of yen | Yen | |
| Previous forecast (A) | 358,000 | 26,500 | 24,500 | 13,000 | 129.91 |
| Revised forecast (B) | 348,768 | 26,706 | 27,830 | 17,405 | 173.93 |
| Change (B-A) | -9,232 | 206 | 3,330 | 4,405 | |
| Change (%) | -2.6% | 0.8% | 13.6% | 33.9% | |
| (Reference)Fiscal 2020 ended February 28, 2021 | 332,890 | 16,690 | 14,862 | 3,307 | 33.05 |
2. Reasons for Revision
We expect ordinary income and profit attributable to owners of the parent to exceed our initial forecasts on the back of investment dividends and profits from the sale of cross-shareholdings and we are adjusting our business estimates as a result.
Lawson, Inc. will promptly announce any revisions to our full-year business estimates that are deemed necessary based on future performance trends.
Note: The above forecasts are based on information available as of the date of publication of this document. Actual results may differ from these forecasts due to a variety of factors.
