Okura Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 02:08 am EDT
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Okura Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JPY 19,970 million. Net income was JPY 826 million.
Basic earnings per share from continuing operations was JPY 69.22.
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. 
