Moriroku Holdings Company, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 15, 2022 at 02:30 am EST
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Moriroku Holdings Company, Ltd. provided consolidated earnings guidance for the Fiscal Year Ending March 31, 2023. For the period, the company expects net sales to be JPY 141,000 million, operating profit to be JPY 3,000 million, profit attributable to owners of the parent to be JPY 1,620 million, basic earnings per share to be JPY 101.89.
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.