Nachi-Fujikoshi Corp. Provides Consolidated Earnings Guidance for Six Months Ending May 31, 2024 and Full Year Ending November 30, 2024
January 16, 2024 at 01:00 am EST
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Nachi-Fujikoshi Corp. provided consolidated earnings guidance for Six months ending May 31, 2024 and full year ending November 30, 2024. For the Six months ending May 31, 2024, the company expected net sales of JPY 123,000 million, Operating profit of JPY 14,000 million, Profit attributable to owners of parent of JPY 2,500 million or EPS of JPY 107.26.
For the full year ending November 30, 2024, the company expected net sales of JPY 250,000 million, Operating profit of JPY 10,000 million, Profit attributable to owners of parent of JPY 6,000 million or EPS of JPY 257.42.
NACHI-FUJIKOSHI CORP. is a Japan-based engaged in the manufacture and sale of machine tools, robots, bearings and special steel. The Company operates in three business segments. Machine Tool segment manufactures and sells tools, machine tools and robots. Parts segment manufactures and sells bearings and hydraulic equipment. Others segment is involved in the manufacture and sale of special steel and industrial furnaces, as well as the provision of transportation and information processing related services. Regarding the domestic sales channel, the Company sells its products to large customers such as automobile manufacturers and sales routes for small and medium-sized customers, and through domestic sales affiliates to customers in specific regions and areas. Regarding the overseas sales channel, the Company sells its products through local sales subsidiaries.
NACHI-FUJIKOSHI CORP. 
