NHK Spring Co., Ltd. Revises Consolidated Earnings Guidance for the Full Fiscal Year Ending March 31, 2024
February 13, 2024 at 01:30 am EST
Share
NHK Spring Co., Ltd. revised consolidated earnings guidance for the full Fiscal Year Ending March 31, 2024. For the year, company expects Net sales of JPY 760,000 million, Operating profit of JPY 27,000 million, Profit attributable to owners of parent of JPY 35,000 million and Earnings per share, Basic of JPY 154.51.
NHK SPRING CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of suspension springs, seat products and automobile-related products. It has four business segments. The Suspension Springs segment manufactures and sells coil springs, board springs, stabilizers, torsion bars, stabilizer links, bellows, and stabilizer linkers. The Seating segment offers automobile seats, seat-related products, as well as interior equipment. The Precision Component segment offers suspensions for hard disk drives (HDDs), mechanism parts for HDDs, wire springs, lamella springs, probe units for liquid crystal and semiconductor checking, as well as precision processed goods. The Industrial Equipment segment manufactures and sells brazing goods, ceramic products, spring mechanism goods, piping support installations, parking systems, polyurethane products, security products, lighting apparatus and golf shafts and others.
NHK SPRING CO., LTD. 
