Okura Industrial Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2023
November 13, 2023 at 01:00 am EST
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Okura Industrial Co., Ltd. provided earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects net sales of JPY 81,000 million, Operating profit JPY 4,500 million, Profit attributable to owners of parent of JPY 3,500 million and Basic earnings per share of JPY 293.23.
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. 
