OXIDE Corporation revised consolidated and non-consolidated financial forecast for the year ending February 29, 2024. For the period, on consolidated basis, the company now expect net sales of JPY 6,511 million, operating loss of JPY 833 million, loss attributable to owners of parent of JPY 483 million and loss per share of JPY 48.32 against previous guidance of net sales of JPY 8,773 million, operating profit of JPY 471 million, profit attributable to owners of parent of JPY 430 million and earnings per share of JPY 43.02.

For the period, on non-consolidated basis, the company now expect net sales of JPY 5,128 million, operating loss of JPY 752 million, loss of JPY 136 million and loss per share of JPY 13.60 against previous guidance of net sales of JPY 7,294 million, operating profit of JPY 681 million, profit of JPY 663 million and earnings per share of JPY 66.33.