MISUMI Group Inc. Provides Consolidated Earnings Guidance for the Six Months and Full Year Ending March 31, 2023
July 29, 2022 at 03:00 am EDT
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MISUMI Group Inc. provided consolidated earnings guidance for the six months and full year ending March 31, 2023. For the six months, the company expects net sales of JPY 190,900 million, operating income of JYP 28,500 million, net income attributable to owners of parent of JPY 20,900 million and net income per share of JPY 73.51.
For the year, the company expects net sales of JPY 403,500 million, operating income of JYP 57,300 million, net income attributable to owners of parent of JPY 42,000 million and net income per share of JPY 147.72.
MISUMI Group Inc. is a Japan-based company mainly engaged in the factory automation (FA) business, the mold parts business, and the parts and consumables (MRO) business. The Company has three business segments. The FA segment is engaged in the manufacture and sale of shafts, bushes, linear guides, locating parts, pulleys stages and other standard parts for automatic equipment, as well as the development and provision of automatic positioning modules and various research equipment. The Metal Molding Parts segment is engaged in the development and provision of spring guides, ejector pins, core pins, guides, retainers and other standard mold parts for automotive, electronic and electrical equipment fields, as well as the provision of precision mold parts. The Variation & One-stop by New Alliance (VONA) segment is engaged in the general distribution business, as well as the provision of air pressure parts, piping parts, screws, bolts and other manufacturing materials and MRO products.
MISUMI GROUP INC. 
