Nihon Tokushu Toryo Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Fiscal Full Year Ending March 31, 2023
August 19, 2022 at 09:30 am IST
Share
Nihon Tokushu Toryo Co., Ltd. provided consolidated earnings guidance for the first half and fiscal full year ending March 31, 2023. For the first half, the company expects Net sales of JPY 28,500 million, Operating profit of JPY 350 million, Profit attributable to owners of parent of JPY 750 million, Basic earnings per share of JPY 34.53.
For the full year, the company expects Net sales of JPY 60,500 million, Operating profit of JPY 2,450 million, Profit attributable to owners of parent of JPY 2,700 million, Basic earnings per share of JPY 124.31.
Nihon Tokushu Toryo Co., Ltd. is a Japan-based company mainly engaged in the paint-related business and automotive product-related business. The Company operates through two business segments. The Paint business is engaged in the manufacture and sale of paint and provision of related construction work. The Automotive Products business is engaged in the manufacture and sale of vibration damping material, sound absorbing and sound insulating material and other soundproofing material for automobiles, rustproof paint, as well as related research and development business.