Star Micronics Co., Ltd. Provides Earnings Guidance for the Interim Term and Full Year Ending December 31, 2023
May 11, 2023 at 02:00 am EDT
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Star Micronics Co., Ltd. provided earnings guidance for the interim term and full year ending December 31, 2023. For the interim term, the company expects net sales of JPY 41,900 million, operating income of JPY 6,400 million, net income attributable to owners of parent of JPY 5,000 million or JPY 133.34 per share.
For the full Year Ending December 31, 2023, the company expects net sales of JPY 79,500 million, operating income of JPY 10,500 million, net income attributable to owners of parent of JPY 8,100 million or JPY 218.58 per share.
STAR MICRONICS CO.,LTD. is a Japan-based company centered on manufacturing and assembly of small sized precision components and equipment. The Company operates in three segments. The Special Products segment is engaged in manufacturing and sales of small printers. The Machine Tools segment is engaged in manufacturing and sales of machine tools like computerized numerical control (CNC) automatic lathes. The Precision Products segment is engaged in manufacturing and sales of wristwatch components and various components used in automobiles, air conditioners, hard disk drives (HDD) and medical. The Company operates in Japan, the United States, China, Germany, etc.
STAR MICRONICS CO., LTD. 
