Nitto Kohki Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
May 24, 2022
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Nitto Kohki Co., Ltd. provided earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months, the company expected net sales to be JPY 13,755 million, operating profit to be JPY 1,785 million, Profit attributable to owners of parent to be JPY 1,218 million and earnings per share to be JPY 60.03.
For the year, the company expected net sales to be JPY 27,560 million, operating profit to be JPY 3,620 million, Profit attributable to owners of parent to be JPY 2,510 million and earnings per share to be JPY 123.71.
NITTO KOHKI CO., LTD. is mainly engaged in the manufacture and sale of quick-connecting fuild couplings, machine tools and others. The Company operates in four business segments. The Quick-connecting Fluid Couplings segment is engaged in the manufacture and sale of quick-connecting fluid couplings. The Machine Tools segment is engaged in the manufacture and sale of machine tools. The Linear Motor Driven Pumps segment is engaged in the manufacture and sale of linear motor driven pumps. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery.