Maruichi Steel Tube Ltd. provided consolidated earnings guidance for the period ending September 2022 and year ending March 31, 2023. For the September, the company expected net sales of JPY 136,000 million, operating income of JPY 16,000 million, net income attributable to owners of parent of JPY 11,800 million or JPY 148.11 per basic share.

For the year, the company expected net sales of JPY 279,200 million, operating income of JPY 32,100 million, net income attributable to owners of parent of JPY 22,600 million or JPY 283.77 per basic share.