Shinwa Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the first half, the company expects revenue of JPY 7,332 million, operating profit of JPY 695 million, profit of JPY 460 million and basic earnings per share of JPY 33.09.

For the full year, the company expects revenue of JPY 15,100 million, operating profit of JPY 1,371 million, profit of JPY 907 million and basic earnings per share of JPY 65.24.