Moriroku Holdings Company, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
February 13, 2023 at 01:00 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 500 million, profit attributable to owners of the parent to be JPY 500 million, basic earnings per share to be JPY 32.07.
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.