Misumi Group Inc. Provides Consolidated Earnings Guidance for the Second Quarter and Year Ending March 31, 2025
April 26, 2024 at 02:00 am EDT
Share
MISUMI Group Inc. provided consolidated earnings guidance for the second quarter and year ending March 31, 2025. For the quarter, the company expects net sales of JPY 189,800 million, operating income of JPY 20,200 million, net income attributable to owners of parent of JPY 15,200 million or JPY 53.93 per share.
For the year, the company expects net sales of JPY 393,000 million, operating income of JPY 46,000 million, net income attributable to owners of parent of JPY 34,400 million or JPY 122.05 per share.
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.