Kitagawa Corporation provided consolidated earnings guidance for the first half of 2023. For the period, the company expects net sales of JPY 28,000 million, operating income of JPY 400 million, profit attributable to owners of parent of JPY 200 million or JPY 21.48 per share.

For the year ending March 31, 2023, the company expects net sales of JPY 61,000 million, operating income of JPY 2,000 million, profit attributable to owners of parent of JPY 1,200 million or JPY 128.87 per share.