Ns Tool Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2022 and Fiscal Year Ending March 2023
July 29, 2022 at 12:00 pm IST
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NS Tool Co., Ltd. provided consolidated earnings guidance for the six months ending September 2022 and fiscal year ending March 2023. For the period, the company expects net sales to be JPY 4,770 million, operating profit to be JPY 1,080 million, profit attributable to owners of parent to be JPY 720 million and basic earnings per share to be JPY 28.92.
For the year, the company expects net sales to be JPY 9,690 million, operating profit to be JPY 2,110 million, profit attributable to owners of parent to be JPY 1,440 million and basic earnings per share to be JPY 57.83.
NS Tool Co Ltd is a Japan-based company mainly engaged in the production and sale of end mills, which are cutting tools that are attached to machining centers (machine tools) to process metals. The Company operates in two business segments. End Mill segment is engaged in the manufacture and sale of cutting tools centering on carbide small-diameter end mills. Others segment is engaged in the manufacture and sale of plastic moldings focusing on tool cases. The product sizes include end mill (6mm or less), end mill (over 6mm), and end mill (others).