SMC Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales to be JPY 824,000 million against previous guidance of JPY 805,000 million. Operating profit to be JPY 248,500 million against previous guidance of JPY 255,000 million.

Profit attributable to owners of parent to be JPY 220,000 million against previous guidance of JPY 188,000 million. Net income per share to be JPY 3,366.98 against previous guidance of JPY 2,877.24.