Nakayama Steel Works, Ltd. Announces Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 04, 2022 at 02:00 am EDT
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Nakayama Steel Works, Ltd. announced 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 94,000 million, operating profit to be JPY 7,200 million, profit attributable to owners of parent to be JPY 5,200 million and basic earnings per share to be JPY 96.05.
For the full year, the company expected net sales to be JPY 198,000 million, operating profit to be JPY 11,500 million, profit attributable to owners of parent to be JPY 7,800 million and basic earnings per share to be JPY 144.08.
Nakayama Steel Works, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of steel. The Company operates through three business segments. The Steel segment is involved in the manufacture and sale of primary steel products and secondary processed products, including steel strips such as hot-rolled steel strips, thick plates and intermediate plates, steel bars such as wire rods, bar-in coils and rebar, steel slabs and by-products. The Engineering segment is involved in the order and sale of steel fish reefs, breeding reefs, rolls, valves and others, as well as the process and assembly of machines. The Real Estate segment is involved in the lease and sale of the real estate.