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

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