T. Hasegawa Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending September 30, 2023
August 07, 2023 at 02:00 am EDT
Share
T. Hasegawa Co., Ltd. revised consolidated and non-consolidated earnings guidance for the year ending September 30, 2023. For the year, on consolidated basis, the company expects net sales of ¥64,600 million compared to the previous guidance of ¥66,000 million, operating profit of ¥7,600 million compared to the previous guidance of ¥7,000 million, profit attributable to owners of parent of ¥6,600 million compared to the previous guidance of ¥6,170 million, earnings per share of ¥160.41 compared to the previous guidance of ¥149.96.
For the year, on non-consolidated basis, the company expects net sales of ¥39,700 million, operating profit of ¥4,800 million compared to the previous guidance of ¥4,020 million, profit attributable to owners of parent of ¥4,640 million compared to the previous guidance of ¥4,080 million, earnings per share of ¥112.77 compared to the previous guidance of ¥99.16.
T.HASEGAWA CO.,LTD. is a Japan-based company engaged in the manufacture and sale of flavors and fragrances products. The Company operates through three Geographic segments. The Japan segment includes fragrances business and food business. The fragrance division is engaged in the manufacture of cosmetic aroma, cosmetic products and compound perfume used in fragrance products, cosmetics, lip sticks and hair tonic, toiletry products, as well as household products. The food division is engaged in the manufacture and sale of essence, food oil flavors, food powder flavors, seasonings, processed fruits and natural pigments used in beverages, confectionery, frozen desserts, desserts and instant noodle soups. The American segment is engaged in the manufacture and sale of oily flavors for foods, processed food materials, natural pigments and processed fruit products. The Asia segment is engaged in manufacture and sale of flavors, food additives, as well as the import and export of products.
T. HASEGAWA CO., LTD. 
