Showa Sangyo Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 11, 2022 at 01:00 am EST
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Showa Sangyo Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 338,000 million, operating profit of JPY 4,000 million, profit distributable to owners of parent of JPY 3,200 million and basic earnings per share of JPY 95.73.
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. 
