Tsubaki Nakashima Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects sales to be JPY 80,000 million compared to previous forecast of JPY 86,000 million, operating profit to be JPY 4,500 million compared to previous forecast of JPY 9,000 million. Net profit for the period attributable to owners of the parent to be JPY 1,700 million compared to previous forecast profit of JPY 5,400 million.

Basic earnings per share to be JPY 42.79 compared to JPY 133.89 previous guidance.