Yamato Kogyo Co., Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
April 28, 2023 at 07:25 pm EDT
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Yamato Kogyo Co., Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 180,438 million compared to JPY 150,029 million a year ago. Net income was JPY 65,317 million compared to JPY 39,917 million a year ago.
Basic earnings per share from continuing operations was JPY 1,025.49 compared to JPY 618.62 a year ago.
YAMATO KOGYO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of shape steel. The Company operates through four geographic segments. The Steel (Japan) segment is engaged in the manufacture and sale of H-shape steel, channel steel, I-shape steel, steel sheet piles, elevator guide rails, shaped steel for shipbuilding and ship cans, among others. The Steel (South Korean) segment is engaged in the manufacture and sale of steel bars. The Steel (Thailand) segment is engaged in the manufacture and sale of H-shape steel, channel steel, I-shape steel and steel sheet piles. The Railway-related segment is engaged in process and sale of turnouts and crossings, extensible joints, new crossings, glued insulated rails, derailment prevention guards, tie plates and bolts. The Company is also involved in the transportation and real estate properties business, as well as the treatment of medical waste.