Maezawa Kyuso Industries Co.,Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024
November 14, 2023 at 02:00 am EST
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Maezawa Kyuso Industries Co.,Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales to be JPY 31,500 million. Operating profit to be JPY 2,250 million.
Profit attributable to owners of parent to be JPY 1,580 million. Earnings per share to be JPY 71.80.
MAEZAWA KYUSO INDUSTRIES CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of water supply equipment. The Company operates through three business segments. The Water Supply segment is engaged in the manufacture and sale of water supply devices such as saddle-equipped water faucets, stop cocks, various fittings, and water meters. The Housing Equipment segment is engaged in the manufacture and sale of hot water supply piping components, heating equipment components, and unitized hot water supply systems. The Product Sale segment is engaged in the sale of related products. The main products are water stopcocks with saddles, gate valves, top stopcocks, ball stopcocks for water supply, rotating headers, pressure reducing valves with hot water supply valves, pipes and other components. The Company is also engaged in the design, installation and sale of hot water supply systems, and the manufacture of standard products for water supply systems.
MAEZAWA KYUSO INDUSTRIES CO.,LTD. 
