Seiren Co.,Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending March 31, 2024
May 15, 2023 at 11:30 am IST
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Seiren Co.,Ltd. provides consolidated earnings guidance for the first half and full fiscal year Ending March 31, 2024. For the six months, company expects Net sales to be JPY 65,000 Million, Operating profit to be JPY 5,500 Million, Profit attributable to Owners of Parent to be JPY 4,600 million and Profit per Share to be JPY 85.88.
For the Year, company expects Net sales to be JPY 135,000 Million, Operating profit to be JPY 13,000 Million Profit attributable to Owners of Parent to be JPY 10,200 million and Profit per Share to be JPY 190.43.
Seiren Co Ltd is mainly engaged in the vehicle materials, high fashion, electronics, environment and living materials, and medical businesses. The Company operates through five segments. The Vehicle Material segment manufactures and sells automotive sheet materials and airbags. The High Fashion segment offers various apparel textile products and synthetic fabrics. The Electronics segment manufactures and sells electromagnetic shielding materials, sells Viscotex systems, and manufactures and sells satellites and satellite parts. The Environment and Living Materials segment manufactures and sells construction materials, interior materials, health and nursing care products, and various living and living materials. The Medical segment manufactures and sells cosmetics and medical base materials. In addition, the Company is also engaged in software development and sales, insurance agency business, temporary staffing business, and real estate rental management business.