Hanwa Co., Ltd. Announces Amendments to the Forecasts of Consolidated Financial Results for the Period from April 1, 2021 to March 31, 2022
November 09, 2021 at 11:00 pm EST
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Hanwa Co., Ltd. announced Amendments to the Forecasts of Consolidated Financial Results for the period from April 1, 2021 to March 31, 2022. For the period, the company expected Consolidated net sales of JPY 2,000,000 million against the previous guidance of JPY 1,980,000 million. Consolidated operating income of JPY 52,000 million against the previous guidance of JPY 42,000 million. Net income attributable to owners of the Company of JPY 34,500 million against the previous guidance of JPY 26,200 million. Consolidated net income per share of JPY 848.97 against the previous guidance of JPY 644.73.
HANWA CO., LTD. is a Japan-based company mainly engaged in the sale of steel metal raw materials, non-ferrous metals, foods, petroleum and chemical products, wood and machinery. The Company operates through six business segments. The Steel business is engaged in the provision of steel bars, construction works, steel plates, special steels, wires, steel pipes, and scrap iron. It is also engaged in the metal processing and storage. The Metal Raw Materials business is engaged in the provision of nickel, chromium, silicon, manganese, and ferroalloys. The Overseas Sales Subsidiary business is engaged in the sale of products at major overseas bases. The Petroleum and Chemicals business is engaged in the sale of petroleum products, industrial chemicals, chemicals and waste fuels. The Food business provides seafood and livestock products. The Nonferrous Metals business supplies aluminum, copper and zinc, and conducts recycling business. It also manages and operates amusement facilities.