Marumae Co.,Ltd. Announces Earnings Guidance for the Six Months Ending February 29, 2024 and Year Ending August 31, 2024
December 28, 2023 at 11:30 am IST
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Marumae Co.,Ltd. announced earnings guidance for the six months ending February 29, 2024 and year ending August 31, 2024. For the Six months ending February 29, 2024, the company expects sales of JPY 2,400 million, Operating loss of JPY 82 million, loss of JPY 113 million and net loss per share of JPY 8.94.
For the Fiscal year ending August 31, 2024, the company expects sales of JPY 7,000 million, Operating Profit of JPY 680 million, Profit of JPY 400 million and net income per share of JPY 31.64.
Marumae Co.,Ltd. is a Japan-based company mainly engaged in the precision cutting works. The Company is engaged in the manufacture of vacuum chambers and electrodes used in flat panel display (FPD) manufacturing equipment and semiconductor manufacturing equipment. The products include semiconductor manufacturing equipment related parts, FPD manufacturing equipment related parts, and other equipment parts. The semiconductor manufacturing equipment parts are vacuum parts for semiconductor manufacturing equipment and inspection equipment. The FPD manufacturing equipment parts are vacuum devices for manufacturing equipment apparatus and inspection apparatus used in liquid crystal and organic electro luminescence (EL). The other parts consist surface processing equipment for smart phone housing, solar cell manufacturing equipment parts, motorcycle racing parts, industrial equipment parts for camera and microscope, as well as parts for medical equipment.