Nippon Sharyo, Ltd. Provides Earning Guidance for the Year Ending March 31, 2023
October 31, 2022 at 03:00 am EDT
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Nippon Sharyo, Ltd. provided earning guidance for the year ending March 31, 2023. For the period, the company expects net sales of JPY 97,000 million, operating profit of JPY 3,900 million, ordinary profit of JPY 3,900 million, profit attributable to owners of parent of JPY 3,100 million and earnings per share JPY 214.80.
NIPPON SHARYO,LTD. is a Japan-based company mainly provides railway vehicles, transportation equipment and steel structures, construction machinery, engineering, and other manufacturing, construction, sales and incidental services. The Company operates through four business segments. The Railway Vehicle segment manufactures and sells railway vehicles such as electric trains and railcars. The Transportation Equipment and Steel Structure segment manufactures and sells transportation equipment such as wagons, tank trucks and large land vehicles, and manufactures, installs and sells road bridges and railway bridges. The Construction Machinery segment manufactures and sells pile driving machines, portable diesel generators, emergency power generators and others. The Engineering segment manufactures and sells vehicle inspection equipment, farming plants, and paper-related equipment. The Company also manufactures and sells laser processing machines, railway goods, and rents real estate.