Neturen Co., Ltd. Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2022
May 12, 2021
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Neturen Co., Ltd. provided earnings guidance for the first half and fiscal Year Ending March 31, 2022. For the first half, the company expects net sales to be JPY 24,000 million. Operating income to be JPY 1,000 million. Profit attributable to owners of parent to be JPY 600 million. Basic earnings per share JPY 15.05.
For the year, the company expects net sales to be JPY 50,000 million. Operating income to be JPY 2,500 million. Profit attributable to owners of parent to be JPY 1,800 million. Basic earnings per share JPY 45.16.
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. 
