Neturen Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
November 17, 2021 at 01:00 am EST
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Neturen Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expects net sales to be JPY 51,500 million, operating income to be JPY 3,300 million and profit attributable to owners of parent to be JPY 2,400 million or basic earnings per share to be JPY 60.21.
Neturen Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of prestressed concrete(PC) steel bars, steel wires and induction heating equipment. The Company is also enagegd in the leasing of office buildings and other related research and development business. It has two business segments. The Product-related segment manufactures and sells PC steel bar-related products for civil engineering and construction works, and high-strength spring steel wire-related products for automobile and two-wheel vehicle suspension springs. The Induction Heating (IH)-related segment offers induction heating apparatus, construction machine parts, and automobile components, including hollow rack bars and worm wheels. This segment is also involved in the heat treatment and processing businesses. The Company is also engaged in the leasing of office buildings and others.
NETUREN CO., LTD. 
