JAPAN MATERIAL Co., Ltd. provided earnings guidance for the six months ending September 30, 2023, and the year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of ¥21,000 million, an Operating profit of ¥2,600 million, Profit attributable to owners of the parent of ¥1,650 million or ¥16.07 basic per share.

For the year ending March 31, 2024, the company expects net sales of ¥44,000 million, an Operating profit of ¥7,200 million, Profit attributable to owners of the parent of ¥4,800 million or ¥46.76 basic per share.