Nitto Kohki Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
August 03, 2023 at 02:00 am EDT
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Nitto Kohki Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 14,915 million, operating profit of JPY 1,915 million and profit attributable to owners of the parent of JPY 1,340 million or JPY 66.73 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 30,380 million, operating profit of JPY 4,120 million and profit attributable to owners of the parent of JPY 2,950 million or JPY 146.91 per share.
NITTO KOHKI CO., LTD. is mainly engaged in the manufacture and sale of quick-connecting fuild couplings, machine tools and others. The Company operates in four business segments. The Quick-connecting Fluid Couplings segment is engaged in the manufacture and sale of quick-connecting fluid couplings. The Machine Tools segment is engaged in the manufacture and sale of machine tools. The Linear Motor Driven Pumps segment is engaged in the manufacture and sale of linear motor driven pumps. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery.
NITTO KOHKI CO., LTD. 
