Sanyo Special Steel Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2024 and Fiscal Year Ending March 31, 2025 (April 1, 2024 to March 31, 2025)
April 30, 2024 at 12:00 am EDT
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Sanyo Special Steel Co., Ltd. provided earnings guidance for the Six months ending September 30, 2024 and fiscal year ending March 31, 2025 (April 1, 2024 to March 31, 2025). For the period, the company expects Net sales JPY 162,500 Million, Operating profit JPY 2,100 million, Profit attributable to owners of parent JPY 1,000 million and Basic earnings per share JPY 18.35 per share.
For the year, the company expects Net sales JPY 345,000 Million, Operating profit JPY 12,400 million, Profit attributable to owners of parent JPY 9,500 million and Basic earnings per share JPY 174.36 per share.
Sanyo Special Steel Co., Ltd. is a Japan-based company mainly engaged in the steel, special material and forging businesses. The Company has three business segments. The Steel segment is engaged in the manufacture and sale of bearing steel, steel for machine architecture, stainless steel, heat-resistant steel and tool steel, among others. The Power segment is engaged in the manufacture and sale of metal powder products. The Forging segment is engaged in the manufacture and sale of forging products made from special bar steel and steel pipes. The Company is also involved in the provision of support services for business operation, such as information processing, security and facility management services.
Sanyo Special Steel Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2024 and Fiscal Year Ending March 31, 2025 (April 1, 2024 to March 31, 2025)