UT Group Co., Ltd. Provides Consolidated Earnings Forecasts for the Full Year of Fiscal Year Ending March 31, 2023
November 11, 2022 at 02:00 am EST
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UT Group Co., Ltd. provided consolidated earnings forecasts for the full year of fiscal year ending March 31, 2023. For the year, company expects sales to be JPY 180,000 million, Operating profit to be JPY 7,700 million, Profit attributable to owners of the parent to be JPY 3,200 million and Profit per share to be JPY 79.28.
UT Group Co., Ltd. is a Japan-based company engaged in the indefinite employment and dispatch business for the manufacturing, design, development and construction industry. The Company operates in three business segments. Manufacturing segment is involved in the provision of temporary staffing, contracting and human resources services for the manufacturing industry. Its main customers include domestic semiconductors, electronics, automobiles, building materials and housing equipment companies. Solution segment is involved in the provision of employment dispatch, contracting for transfer in line with structural reforms for main manufacturing companies. Its main customers are major electronics manufacturers in Japan. Engineering segment is engaged in the provision of engineer dispatch, contracting and human resources services for electro-mechanical companies. Its main customers are manufacturers and general contractors.