Rix Corporation Provides Consolidated Financial Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2025
May 15, 2024
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Rix Corporation provided consolidated financial guidance for the first half and full year of Fiscal Year Ending March 31, 2025. For the first half, the company expected net sales of JPY 25,300 million, Operating profit of JPY 1,600 million, Profit attributable to owners of parent of JPY 1,080 million and Earnings per share of JPY 133.50.
For the full year, the company expected net sales of JPY 51,000 million, Operating profit of JPY 3,300 million, Profit attributable to owners of parent of JPY 2,300 million and Earnings per share of JPY 284.20.
RIX CORPORATION is a Japan-based company engaged in the manufacture and sale of high pressure hydraulic equipment, precision automatic measuring equipment and other products. The Company has seven business segments, including Steels, Automobiles, Electronics and Semiconductors, Rubbers and Tires, Advanced Materials, Environment, and Paper Pulp. The Company is engaged in the sale of pressure generator products such as plunger pumps and high pressure hydraulic pumps, applied equipment and system products such as high pressure water washing equipment, attached equipment and parts such as oil seals and filters, related technical products such as piston valves, and precision automatic measuring equipment, as well as the manufacture and sale of rotary joints, high pressure precision cleaning equipment, bearings, insulation boards and booster pumps. The Company is also engaged in the provision of automotive parts and electronic parts, as well as the food business and shipbuilding business.