Riken Keiki Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2023
December 01, 2022 at 08:00 pm EST
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Riken Keiki Co., Ltd. revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2023. For the period, on consolidated basis, the company expects net sales of ¥42,800 million compared to previous guidance of ¥38,900 million, operating profit of ¥11,450 million compared to previous guidance of ¥8,550 million, net profit attributable to owners of parent of ¥8,400 million compared to previous guidance of ¥6,350 million and earnings per share of ¥360.80 compared to previous guidance of ¥272.81.
For the period, on non-consolidated basis, the company expects net sales of ¥37,300 million compared to previous guidance of ¥33,500 million, operating profit of ¥8,000 million compared to previous guidance of ¥6,900 million, net profit of ¥7,550 million compared to previous guidance of ¥6,150 million and earnings per share of ¥324.32 compared to previous guidance of ¥264.22.
RIKEN KEIKI CO.,LTD. is a Japan-based company mainly engaged in manufacture and sale of various industrial measuring instruments, and ancillary services. The Company is engaged in the manufacture and sale of gas detection and alarm equipment. The Company also provides after-sales service. It mainly provides stationary gas detection and alarm equipment, portable gas detection and alarm equipment, and other measurement equipment. Stationary gas detection alarms include system component multi-gas detection alarms. Portable gas detection and alarm devices include portable compound gas detectors, personal gas monitors for the petroleum industry. Other measuring instruments include surface analyzers for research institutions and volatile organic compound (VOC) densitometers for the marine industry.