Showa Sangyo Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2024
May 11, 2023 at 02:00 am EDT
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Showa Sangyo Co., Ltd. provided earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects net sales to be JPY 360,000 million, operating profit to be JPY 7,500 million, profit attributable to owners of parent to be JPY 5,500 million, basic earnings per share to be JPY 164.44.
Showa Sangyo Co., Ltd. is a Japan-based company principally engaged in the manufacture and sale of flour milling, oils and fats, feed business, warehousing business, as well as real estate rental business. The Company operates through six business segments. The Flour Milling segment provides commercial flour, commercial premixes, frozen dough, frozen foods, bread and bran. The Oils and Fats segment provides edible oils, premixes, pasta, gift sets, soy protein and defatted soybeans. The Carbohydrate segment is engaged in the manufacture and sale of saccharified products and corn starch. The Feed segment provides mixed feed, plain feed, chicken eggs and other livestock products. The Warehousing segment is engaged in warehousing business including loading and storage. The Real Estate segment is involved in the leasing of buildings. In addition, the Company is engaged in insurance agency, automobile leasing and transportation business.
SHOWA SANGYO CO., LTD. 
