Nichias Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 109,000 million, operating income of JPY 12,000 million, profit attributable to owners of the parent of JPY 8,000 million and basic earnings per share of JPY 120.60.

For the fiscal year, the company expected net sales of JPY 225,000 million, operating income of JPY 26,500 million, profit attributable to owners of the parent of JPY 18,000 million and basic earnings per share of JPY 271.36.