Moriroku Holdings Company, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
February 14, 2022 at 01:00 am EST
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Moriroku Holdings Company, Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales of JPY 136,000 million, operating profit of JPY 3,000 million, profit attributable to owners of parent of JPY 5,200 million and earnings per share of JPY 313.79.
Moriroku Co Ltd, formerly Moriroku Holdings Co Ltd, is a Japan-based company mainly engaged in the chemical business and resin processed products business. The Company operates through two segments. The Resin Processed Products business segment mainly manufactures and sells resin parts for automobiles. The main products include interior resin parts such as center panels, center consoles, and outlets, and exterior resin parts such as side sills, cowl tops, and tailgate spoilers. The Chemical business segment is primarily engaged in the sales, import and export of chemical products, and the manufacture and sale of synthetic resin processed products. This segment handles products in fields such as electrical and electronic materials, automotive materials, coatings, fine chemicals, household materials, and resin processed products.