Maezawa Kyuso Industries Co.,Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
May 12, 2023 at 02:00 am EDT
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Maezawa Kyuso Industries Co.,Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 31,008 million. Net income was JPY 1,433 million.
Basic earnings per share from continuing operations was JPY 64.76.
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.