Organo Corporation revises consolidated earnings guidance for the six months ended September 30, 2022 and for the fiscal year ending March 31, 2023. For the six months the company now expects net sales to be JPY 62,000 million, Operating profit to be JPY 6,500 million, Profit attributable to owners of parent to be JPY 5,000 million or JPY 109.07 per basic share against previous forecast of net sales to be JPY 60,000 million, Operating profit to be JPY 4,000 million, Profit attributable to owners of parent to be JPY 2,800 million or JPY 61.11 per basic share.

For the fiscal year ending March 31, 2023, the company now expects net sales to be JPY 140,000 million, Operating profit to be JPY 14,500 million, Profit attributable to owners of parent to be JPY 11,500 million or JPY 250.86 per basic share against previous forecast of net sales to be JPY 125,000 million, Operating profit to be JPY 11,700 million, Profit attributable to owners of parent to be JPY 8,200 million or JPY 178.97 per basic share.