Okura Industrial Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending December 31, 2022
May 13, 2022 at 02:30 am EDT
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Okura Industrial Co., Ltd. provided Consolidated earnings guidance for the first half and Full Year Ending December 31, 2022. For the period, the company expects net sales to be JPY 36,100 million. Operating profit to be JPY 2,000 million. Profit attributable to owners of parents to be JPY 1,450 million. Basic earnings per share to be JPY 121.55.
For the full year, the company expects net sales to be JPY 75,500 million. Operating profit to be JPY 4,800 million. Profit attributable to owners of parents to be JPY 3,500 million. Basic earnings per share to be JPY 293.40.
Okura Industrial Co., Ltd. is a Japan-based company mainly engaged in the processing, manufacture and sale of polyethylene, polypropylene and optical functional film products, processed plywood, particle boards and processed boards, among others. The Company operates through three business segments. The Synthetic Resin segment is engaged in the processing and sale of synthetic resin products such as polyethylene films and polypropylene films. The New Materials segment provides optical films, urethane films, seamless belts, adhesives composite materials. The Building Materials segment provides decorative panels, particleboards and other housing materials. The Company is also engaged in the hotel business, wood processing business, residential land creation and building construction business, information processing system development business, property insurance agency business, cable TV broadcasting business and real estate rental business.
OKURA INDUSTRIAL CO., LTD. 
