Max Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
October 30, 2023
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MAX Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the full year, the company expects Net Sales to be JPY 87,000 million against JPY 87,800 million expected previously. Operating Income of JPY 12,300 million against JPY 12,000 million expected previously.
Net Income Attributable to Shareholders of Parental Company of JPY 9,380 million against JPY 8,500 million expected previously and Net income per share of JOY 199.53 against JPY 179.57 expected previously.
MAX CO., LTD. is a manufacturer of industrial equipment, such as nailing machines, air compressors, reinforcing bar tying machines, battery charge tools, bathroom heaters, ventilators and desiccators, as well as 24-hour ventilation systems, office equipment, such as staplers, time recorders, text display equipment, auto staplers and others, as well as home care & rehabilitation (HCR), such as standard, special wheel chairs and others. The Company has three business segments. The Office Equipment segment is engaged in the manufacture and sale of office equipment and stationery related products. The Industrial Equipment segment is engaged in the manufacture and sale of building equipment and housing equipment, among others. The HCR segment is engaged in the manufacture and sale of nursing care and welfare equipment.