Chuo Spring Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
April 27, 2022
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Chuo Spring Co.,Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2022 and full year ending March 31, 2023. For the six months, the company expects net sales of JPY 42,700 million, operating profit of JPY 700 million, Ordinary profit of JPY 950 million, profit attributable to owners of parent of JPY 550 million and basic earnings per share of JPY 22.07.
For the full year, the company expects net sales of JPY 89,000 million, operating profit of JPY 2,300 million, Ordinary profit of JPY 2,700 million, profit attributable to owners of parent of JPY 1,600 million and basic earnings per share of JPY 64.21.
CHUO SPRING CO.,LTD. is a Japan-based company engaged in the manufacture and sale of auto accessories. The Company operates through four geographic segments. The Japan segment is engaged in the manufacture and sale of chassis springs, precision springs and cables, the design and development of automobile parts, design and manufacture of related equipment, processing of construction material equipments, design and development of reels, plating processing business and transportation business. The North American segment and the China segment are engaged in the manufacture and sale of precision springs and cables. The Asia segment is engaged in the development and sale of precision springs and cables, as well as design and development of automotive parts and equipment.
CHUO SPRING CO.,LTD. 