Seiren Co.,Ltd. Provides Consolidated Earning Guidance for the First Half and Fiscal Year Ending March 31, 2023
August 04, 2022 at 02:00 am EDT
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Seiren Co.,Ltd. provided consolidated earning guidance for the first half and Fiscal Year Ending March 31, 2023. For the first half, the company expects Net sales to be JPY 59,000 million, Operating profit to be JPY 4,400 million, profit attributable to owners of parent to be JPY 4,100 million, basic earnings per share to be JPY 72.22.
For the year, the company expects Net sales to be JPY 125,000 million, Operating profit to be JPY 11,500 million, profit attributable to owners of parent to be JPY 9,000 million, basic earnings per share to be JPY 167.18.
Seiren Co Ltd is mainly engaged in the vehicle materials, high fashion, electronics, environment and living materials, and medical businesses. The Company operates through five segments. The Vehicle Material segment manufactures and sells automotive sheet materials and airbags. The High Fashion segment offers various apparel textile products and synthetic fabrics. The Electronics segment manufactures and sells electromagnetic shielding materials, sells Viscotex systems, and manufactures and sells satellites and satellite parts. The Environment and Living Materials segment manufactures and sells construction materials, interior materials, health and nursing care products, and various living and living materials. The Medical segment manufactures and sells cosmetics and medical base materials. In addition, the Company is also engaged in software development and sales, insurance agency business, temporary staffing business, and real estate rental management business.