Shinagawa Refractories Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and fiscal year ending March 31, 2023. For the six months, the company expects Net sales to be JPY 60,000 million, Operating profit to be JPY 5,000 million, Profit attributable to owners of parent to be JPY 3,000 million and Basic earnings per share to be JPY 320.82.

For the year, the company expected Net sales to be JPY 123,000 million.