Sato Shoji Corporation Provides Earnings Guidance for the Six Months Ending September 30, 2022 and Year Ending March 31, 2023
August 02, 2022 at 12:00 am EDT
Share
Sato Shoji Corporation provided earnings guidance for the Six months ending September 30, 2022 and year ending March 31, 2023. For the Six months, the company expects Net sales of JPY 130,000 million, Operating profit of JPY 2,600 million, Profit attributable to owners of parent of JPY 2,000 million and Earnings per share of JPY 94.38.
For the year, the company expects Net sales of JPY 265,000 million, Operating profit of JPY 5,500 million, Profit attributable to owners of parent of JPY 4,200 million and Earnings per share of JPY 198.19.
SATO SHO-JI CORPORATION is a company primarily engaged in the metal business. The Company operates in five business segments. The Steel and Iron segment sells common steel, such as surface-treated steel plates, cold-rolled steel, pickling steel, hot-rolled steel and steel bars, special steel, such as structural carbon steel, structural alloyed steel, and tool steel, as well as architectural materials and equipment, among others. The Non-Ferrous Metal segment sells aluminum, zinc, metal silicon and copper alloy, among others. The Electronic Materials segment sells electrical materials such as laminated sheets for printed circuit boards (PCBs) and others. The Life Operation segment sells tableware, such as Western-style tableware and others. The Machinery and Tools segment sells machine tools, factory line kits, cutting tools, grinding wheels and working tools, among others.