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Sanyo Shokai reports FY20 sales of ¥69 billion

20 Apr '20
1 min read
Pic: Sanyo Shokai
Pic: Sanyo Shokai

Sanyo Shokai, an apparel manufacturer in Japan, posted increase in its net sales of ¥68,868 million in fiscal 2020 ended on February 29, 2020 compared to sales of ¥59,090 million in FY18. Company’s gross profit for the year were ¥31,934 million (FY18: ¥28,583 million). However, operating loss for the year increased to ¥2,875 million (FY18: ¥2,176 million).
 
Ordinary profit reported loss of ¥2,899 million. Selling, general and administrative expenses in FY20 were $34,810 million (FY18: 30,759 million). Profit attributable to owners of parents reported loss of ¥2,685 million. 
 
Headquartered in Japan, Sanyo Shokai was established in 1943. Company’s main business is manufacturing and selling of mens and womens clothes and accessories and its sales at nationwide department stores, specialty stores and directly managed stores.

Fibre2Fashion News Desk (JL)

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