Mimaki Engineering Co., Ltd. Announces Consolidated Earnings Guidance for the First Half and Full Year for the Fiscal Year Ending March 31, 2024
August 10, 2023 at 02:00 am EDT
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Mimaki Engineering Co., Ltd. announced consolidated earnings guidance for the first half and full year for the fiscal year ending March 31, 2024. For the first half, the company expects net sales of JPY 37,200 million, operating profit of JPY 1,850 million, profit attributable to owners of parent of JPY 1,100 million and basic earnings per share of JPY 38.22.
For the full, the company expects net sales of JPY 78,000 million, operating profit of JPY 4,400 million, profit attributable to owners of parent of JPY 2,850 million and basic earnings per share of JPY 99.03.
MIMAKI ENGINEERING CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of ink-jet printers, cutting plotters and others. The Company supplies industrial printers and cutting plotters for the sign graphics (SG), industrial product (IP) and textile and apparel (TA) markets. Its printers and cutting plotters for the SG market are used for the creation of indoor and outdoor signs, displays and sign boards, among others. Its equipment for the IP market is used at various manufacturing sites for novelty goods, nameplates, cards and others. Its products for the TA market are used for printing on sports apparel such as cloths, uniforms, among others. The Company is also involved in the provision of printing services through Internet, as well as the operation of research and development business.