Neturen Co., Ltd. Provides Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2023
May 11, 2022
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Neturen Co., Ltd. provided earnings guidance for the first half and full year of fiscal ending March 31, 2023. For the first half, the company expects net sales to be JPY 29,000 million, Operating income to be JPY 1,700 million, Profit attributable to owners of parent to be JPY 1,100 million and Basic earnings per share to be JPY 27.57.
For the year, the company expects Net sales to be JPY 60,000 million, Operating income to be JPY 3,600 million, Profit attributable to owners of parent to be JPY 2,400 million and Basic earnings per share to be JPY 60.14.
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. 
