JAPAN MATERIAL Co., Ltd. provided consolidated earnings guidance for the first half and full year ending March 31, 2024. For the first half, Company expects net sales of JPY 21,000 million, operating profit of JPY 2,600 million, profit attributable to owners of parent JPY 1,650 million and basic earnings per share of JPY 16.07.

For the full year, Company expects net sales of JPY 44,000 million, operating profit of JPY 7,200 million, profit attributable to owners of parent JPY 4,800 million and basic earnings per share of JPY 46.76.