Kanaden Corporation Provides Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 05, 2022 at 07:30 am IST
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Kanaden Corporation provided 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 to be JPY 45,500 million, operating profit to be JPY 1,000 million, profit to be JPY 600 million and earnings per share to be JPY 22.53.
For the full year, the company expects net sales to be JPY 110,000 million, operating profit to be JPY 3,800 million, profit to be JPY 2,500 million and earnings per share to be JPY 93.86.
KANADEN CORPORATION is a Japan-based company mainly engaged in the sale of heavy electrical and electronic equipment, semiconductors, factory automation (FA) and office automation (OA) equipment and others. The Company operates through four business segments. The FA System segment is involved in the sale of FA equipment including controller systems, as well as mechatronics products such as laser processing machines and others. The Building Equipment segment is involved in the sale of uninterruptible power supplies, elevators, as well as air-conditioning equipment, low-temperature equipment and others based on energy conservation. The Infrastructure segment is involved in the sale of substations, light emitting diodes (LEDs), information and others, as well as verious systems that contribute to social infrastructure development. The Information and Devices segment is involved in the sale of semiconductors, electronic device parts and others, as well as security systems and video system.