Shinagawa Refractories Co., Ltd. provided consolidated earnings guidance for the period ending September 2023 and March 2024.  For the period, the company expects net sales of JPY 70,000 million, operating profit of JPY 5,000 million, profit attributable to owners of parent JPY 7,500 million and basic earnings per share of JPY 801.55.

For the year, the company expects net sales of JPY 140,000 million, operating profit of JPY 12,000 million, profit attributable to owners of parent JPY 12,000 million and basic earnings per share of JPY 1,282.47.