Hokuto Corporation revised consolidated and non consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, on consolidated basis, the company expected net sales of JPY 73,600 million, operating loss of JPY 2,630 million, loss attributable to owners of parent of JPY 1,590 million and basic loss per share of JPY 50.29 compared to the previous guidance of net sales of JPY 75,200 million, operating loss of JPY 960 million, profit attributable to owners of parent of JPY 320 million and basic earnings per share of JPY 10.12 provided earlier.

For the year, on non consolidated basis, the company expected net sales of JPY 50,400 million, operating loss of JPY 2,970 million, loss of JPY 1,960 million and basic loss per share of JPY 61.99 compared to the previous guidance of net sales of JPY 52,000 million, operating loss of JPY 1,470 million, profit of JPY 580 million and basic earnings per share of JPY 18.35 provided earlier.