Nitto Kogyo Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ended September 30, 2022 and Full Year Ending March 31, 2023
May 13, 2022 at 04:00 am EDT
Share
Nitto Kogyo Corporation provided consolidated and non-consolidated earnings guidance for the six months ended September 30, 2022 and full year ending March 31, 2023. For the six months, on consolidated basis, the company expects net sales of JPY 67,000 million, operating profit of JPY 3,500 million, profit attributable to owners of parent of JPY 1,800 million and basic earnings per share of JPY 47.46.
For the Full year, on consolidated basis, the company expects net sales of JPY 145,000 million, operating profit of JPY 9,600 million, profit attributable to owners of parent of JPY 6,700 million and basic earnings per share of JPY 176.65.
For the six months, on non-consolidated basis, the company expects net sales of JPY 35,500 million, operating profit of JPY 2,000 million, net income of JPY 7,000 million and basic earnings per share of JPY 184.56.
For the Full year, on non-consolidated basis, the company expects net sales of JPY 77,000 million, operating profit of JPY 6,600 million, net income of JPY 10,900 million and basic earnings per share of JPY 287.39.
NITTO KOGYO CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of switchboard-related products, as well as the purchase and sale of information and communication equipment. The Company operates in three business segments. The Switchboard-related segment manufactures and sells switchboards, cabinets, breakers, switches and parts, among others. The Information and Communication related Distribution segment purchases and sells information communication equipment and other materials. The Works and Services segment is engaged in the construction of electrical equipment and network systems, and the provision of maintenance service.
Nitto Kogyo Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ended September 30, 2022 and Full Year Ending March 31, 2023