Nihon Tokushu Toryo Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2024
August 09, 2023 at 02:00 am EDT
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Nihon Tokushu Toryo Co., Ltd. provided Consolidated earnings guidance for the first half and full year ending March 31, 2024. For the first half, the company expects Net sales to be JPY 30,600 million, operating profit to be JPY 1,300 million, profit attributable to owners of the parent to be JPY 1,500 million, basic earnings per share to be JPY 69.00.
For the full year, the company expects Net sales to be JPY 63,200 million, operating profit to be JPY 2,800 million, profit attributable to owners of the parent to be JPY 2,950 million, basic earnings per share to be JPY 135.68.
Nihon Tokushu Toryo Co., Ltd. is a Japan-based company mainly engaged in the paint-related business and automotive product-related business. The Company operates through two business segments. The Paint business is engaged in the manufacture and sale of paint and provision of related construction work. The Automotive Products business is engaged in the manufacture and sale of vibration damping material, sound absorbing and sound insulating material and other soundproofing material for automobiles, rustproof paint, as well as related research and development business.