Maruwa Co., Ltd. Provides Earnings Guidance for the Six Months and Full Year Ending March 31, 2023
July 27, 2022 at 03:02 pm IST
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Maruwa Co., Ltd. provided earnings guidance for the six months and full year ending March 31, 2023. For the six months ending September 30, 2022, the company expects net sales of JPY 27,000 million, Operating profit of JPY 8,100 million, profit attributable to owners of parent of JPY 5,500 million and earnings per share of JPY 445.79.
For the year ending March 31, 2023, the company expects net sales of JPY 60,000 million, Operating profit of JPY 18,500 million, Profit attributable to owners of parent of JPY 12,900 million and Earnings per share of JPY 1,045.59.
MARUWA Co Ltd is a Japan-based company primarily engaged in the manufacture and sale of ceramic components, including electronic components, and lighting equipment. The Company operates through two segments. The Ceramic Components segment manufactures and sells electronic components, ceramic substrates, and products related to semiconductor manufacturing equipment. The Lighting Equipment segment is involved in the production and sale of the lighting equipment that uses light emitting diode (LED) in addition to conventional lighting equipment. The Company is also involved in the business of supporting foundation activities.