Neturen Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2021 and Full Year Ending March 31, 2022
August 23, 2021 at 12:00 am EDT
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Neturen Co., Ltd. provided earnings guidance for the six months ending September 30, 2021 and full year ending March 31, 2022. For the six months ending September 30, 2021, the company expects net sales of ¥25,000 million, Operating income of ¥1,800 million, Profit attributable to owners of parent of ¥1,300 million or ¥32.61 basic per share.
For the year ending March 31, 2022, the company expects net sales of ¥51,500 million, Operating income of ¥3,300 million, Profit attributable to owners of parent of ¥2,400 million or ¥60.21 basic per share.
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. 
