Sato Shoji Corporation Provides Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2023
May 10, 2023 at 02:00 pm IST
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Sato Shoji Corporation provided earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2023. For the six months ending September 30, 2023, the company expected net sales of JPY 132,000 million, operating profit of JPY 2,600 million, ordinary profit of JPY 2,850 million, profit attributable to owners of parent of JPY 1,950 million or EPS of JPY 92.34.
For the year ending March 31, 2023, the company expected net sales of JPY 277,000 million, operating profit of JPY 6,200 million, ordinary profit of JPY 6,500 million, profit attributable to owners of parent of JPY 4,500 million or EPS of JPY 213.08.
SATO SHO-JI CORPORATION is a company primarily engaged in the metal business. The Company operates in five business segments. The Steel and Iron segment sells common steel, such as surface-treated steel plates, cold-rolled steel, pickling steel, hot-rolled steel and steel bars, special steel, such as structural carbon steel, structural alloyed steel, and tool steel, as well as architectural materials and equipment, among others. The Non-Ferrous Metal segment sells aluminum, zinc, metal silicon and copper alloy, among others. The Electronic Materials segment sells electrical materials such as laminated sheets for printed circuit boards (PCBs) and others. The Life Operation segment sells tableware, such as Western-style tableware and others. The Machinery and Tools segment sells machine tools, factory line kits, cutting tools, grinding wheels and working tools, among others.