KITZ Corporation revised earnings forecast for the six months ending June 30, 2023 and full year ending December 31, 2023. For the period, The company expects net Sales of JPY 80,300 million against JPY 79,600 million as previously forecasted. Operating Income of JPY 6,500 million against JPY 5,500 million as previously forecasted. Net Income attributable to owners of the parent of JPY 5,300 million against JPY 4,100 million as previously forecasted. Net Income per share of JPY 59.09 against JPY 45.72 as previously forecasted.

For the year ending December 31, 2023, The company expects net Sales of JPY 169,000 million against JPY 167,000 million as previously forecasted. Operating Income of JPY 12,900 million against JPY 11,900 million as previously forecasted. Net Income attributable to owners of the parent of JPY 9,700 million against JPY 8,600 million as previously forecasted. Net Income per share of JPY 108.15 against JPY 95.91 as previously forecasted.