Nissin Sugar Co., Ltd. revised its consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue of JPY 50,000 million, operating profit of JPY 1,000 million, profit before tax of JPY 1,200 million, profit of JPY 700 million and basic earnings per share of JPY 31.67, compared to previous guidance of revenue of JPY 49,000 million, operating profit of JPY 1,600 million, profit before tax of JPY 1,800 million, profit of JPY 1,300 million and basic earnings per share of JPY 58.82.