Union Tool Co. revised consolidated earnings guidance for the full year ending December 31, 2023. For the full year, the company expects net sales to be JPY 24,700 million, operating profit to be JPY 4,100 million, profit attributable to owners of the parent to be JPY 3,100 million and basic earnings per share to be JPY 179.44 compared to previous forecast for net sales of JPY 24,300 million, operating profit of JPY 3,500 million, profit attributable to owners of the parent of JPY 2,600 million and basic earnings per share of JPY 150.50.