Nichireki Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending September 30, 2022 and Fiscal Year Ending March 31, 2023
August 02, 2022 at 12:00 am EDT
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Nichireki Co., Ltd. revised consolidated earnings guidance for the first half ending September 30, 2022 and fiscal year ending March 31, 2023. For the first half ending September 30, 2022, the company expects net sales of JPY 34,000 million, operating profit of JPY 2,900 million, profit attributable
to owners of the parent company of JPY 3,200 million and basic earnings per share of JPY 104.68 against previous guidance of net sales of JPY 34,000 million, operating profit of JPY 2,900 million, profit attributable to owners of the parent company of JPY 2,000 million and basic earnings per share of JPY 65.45.
For the fiscal year ending March 31, 2023, the company expects net sales of JPY 82,000 million, operating profit of JPY 9,000 million, profit attributable
to owners of the parent company of JPY 7,200 million and basic earnings per share of JPY 235.54 against previous guidance of net sales of JPY 82,000 million, operating profit of JPY 9,000 million, profit attributable to owners of the parent company of JPY 6,000 million and basic earnings per share of JPY 196.35.
NICHIREKI CO., LTD. is a Japan-based company principally engaged in the provision of products, technology and construction services related to road pavement. The Company operates in two business segments. The Asphalt Application and Processed Products segment is engaged in the manufacture and sale of asphalt emulsions, modified asphalt and other road paving materials. The Road Pavement segment is engaged in the provision of road pavement, civil engineering, bridge waterproofing and other construction works. The Company is also engaged in the real estate leasing business and the insurance agency business.
NICHIREKI CO., LTD. 
