Max Co., Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2024
February 13, 2024 at 12:00 am EST
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Max Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2024. For the period, the company now expects net sales of ¥87,000 million against previous guidance of ¥87,000 million; Operating income of ¥12,300 million against previous guidance of ¥12,300 million; Net income attributable to shareholders of parental company of ¥9,600 million or ¥204.74 per share against previous guidance of ¥9,380 million or ¥199.53 per share.
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.
MAX CO., LTD. 
