Mitsui Matsushima : Notice of Third Round of Revisions to Earnings Forecast for the Fiscal Year Ending March 31, 2023
March 16, 2023 at 07:13 am IST
Share
February 10, 2023
To Whom It May Concern:
Company name: Mitsui Matsushima Holdings Co., Ltd.
Representative: Taishi Yoshioka, Representative Director and President
(Stock Code: 1518, Prime Market of Tokyo Stock Exchange and Fukuoka Stock Exchange)
Contact: Executive Officer and General Manager of Business Planning Dept. Mikiko Abe
(Tel. 092-771-2171)
Notice of Third Round of Revisions to Earnings Forecast for
the Fiscal Year Ending March 31, 2023
Mitsui Matsushima Holdings Co., Ltd. (hereinafter, the "Company") hereby announces that it resolved at its board of directors meeting held on February 10, 2023, to implement a third round of revisions to its forecast for its consolidated financial results for the fiscal year ending March 31, 2023 (announced on November 11, 2022), as follows:
1. Third Round of Revisions to the Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023
Operating
Ordinary
Net profit
Net profit per
Net sales
attributable to
Profit
profit
share
owners of parent
Previous forecast (A)
million yen
million yen
million yen
million yen
yen sen
(announced on November 11,
77,000
31,000
31,000
18,000
1,384.80
2022)
Revised forecast (B)
78,000
35,000
35,000
21,000
1,615.77
Change (B－A)
1,000
4,000
4,000
3,000
Percentage change
1.3%
12.9%
12.9%
16.7%
(%)
(Reference) Previous
results
46,592
8,417
8,595
5,396
414.82
(FY2021)
2. Reasons for Revision
The Company, having taken into account recent earnings trends and the outlook going forward, upwardly revised its full fiscal year forecasts for net sales, operating profit, ordinary profit and net profit attributable to owners of the parent as it expects to outperform the previous forecast (announced on November 11, 2022), mainly due to a rise in the sales volume and prices of coal in the Coal Production Business.
For the dividend forecast for the fiscal year ending March 31, 2023, please refer to the "Notice of Third Round of Revisions to the Dividend Forecast (Dividend Increase) for the Fiscal Year Ending March 2023" announced on the same day.
The forecast above is based on information available as of the date of this publication. Actual results may differ due to various factors going forward.
END
Attachments
Original Link
Original Document
Permalink
Disclaimer
Mitsui Matsushima Co. Ltd. published this content on 16 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2023 01:42:06 UTC.
Mitsui Matsushima Holdings Co Ltd, formerly Mitsui Matsushima Co Ltd is primarily engaged in production, purchase and sales of coal business. The Company also engaged in the manufacture and sale of office equipment, mask blanks for various applications centered on liquid crystal panels, organic electroluminescence (EL), electronic components and others, manufacture and sale of straws, purchase and sale of packaging materials, as well as planning, production and sale of men's clothes, women's clothes and shirts. The Company has two business segments. The Energy segment is engaged in coal sales, coal production and renewable energy business. The Daily Lifestyle segment is engaged in provision of office supplies, electronic components, food and drink materials, clothing products, and care business. The others engage in rental business, ports business, propane gas supply business, as well as overseas dispatch training course business.
MITSUI MATSUSHIMA HOLDINGS CO., LTD. 
