Ultrafabrics Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Period of June 2023 and December 2023
February 14, 2023 at 01:00 am EST
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Ultrafabrics Holdings Co.,Ltd. provided consolidated earnings guidance for the period of June 2023 and December 2023. For the period, the company expects sales to be JPY 10,500 million. Operating profit to be JPY 1,750 million. Profit to be JPY 1,000 million. Basic earnings per share to be JPY 110.00.
For the December 2023, the company expects sales to be JPY 21,100 million. Operating profit to be JPY 3,500 million. Profit to be JPY 2,100 million. Basic earnings per share to be JPY 230.00.
Ultrafabrics Holdings Co.,Ltd., formerly Daiichi Kasei Co.,Ltd., is a Japan-based company engaged in manufacture and sale of polyurethane leather. There are four main uses for polyurethane leather products. Products for furniture are applied to chairs and other high-end office furniture mainly in North America, and the contract furniture used in hotels, restaurants, theaters. Automobiles products are sold as interior materials such as automobile gear shift boots and wear-resistant seats. Aircraft products are sold mainly as interior materials for private jets (business jets). Other products are sold mainly as interior materials of golf gloves, clothing materials, recreational vehicles (RVs), trucks and boats. The Company mainly sells products in Japan, North America, Europe and other regions.
ULTRAFABRICS HOLDINGS CO.,LTD. 
