Glosel Co., Ltd. Provides Consolidated Earnings Forecasts for the First Half and Fiscal Year Ending March 31, 2023
August 17, 2022 at 09:30 am IST
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Glosel Co., Ltd. provided consolidated earnings forecasts for the first half fiscal 2023 and fiscal year ending March 31, 2023. For the first half, company expects net sales to be JPY 30,500 million, operating profit to be JPY 290 million, Profit attributable to owners of parent to be JPY 230 million and Basic earnings per share to be JPY 9.32.
For the full year, company expects net sales to be JPY 65,000 million, operating profit to be JPY 755 million, Profit attributable to owners of parent to be JPY 570 million and Basic earnings per share to be JPY 23.09.
GLOSEL Co., Ltd., formerly RENESAS EASTON Co., Ltd. is a Japan-based company principally concludes contracts with suppliers, such as Renesas Electronics Corporation and Hitachi Group, to purchase integrated circuits and semiconductor devices and also purchased products from vendors other than the major suppliers to domestic and overseas manufacturers. The Company is also engaged in the development of software, as well as the design and development of ASIC. The Company's integrated circuit (IC) products include microcomputers, logic ICs and memory ICs. Its semiconductor device products include transistors, diodes and rectifying devices. Its display devices include liquid crystal displays, among others. And other products include general electronic components and electronic devices.