Shinagawa Refractories Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of JPY 74,000 million, operating profit of JPY 7,200 million and profit attributable to owners of parent of JPY 9,500 million or JPY 1,015.29 per basic share.

For the full year ending March 31, 2024, the company expects net sales of JPY 144,000 million, operating profit of JPY 14,200 million and profit attributable to owners of parent of JPY 14,000 million or JPY 299.24 per basic share.