Daiken Co., Ltd. Provides Earnings Guidance for the Year to Date Ending August 2022, and Fiscal Year Ending February 28, 2023
July 08, 2022 at 02:30 am EDT
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Daiken Co. Ltd. provided earnings guidance for the year to date ending August 2022, and fiscal year ending February 28, 2023. For the year to date ending August 2022, the company expects to report net sales of JPY 5,050 million, operating profit of JPY 140 million, profit of JPY 85 million, and basic earnings per share of JPY 14.66.
For the fiscal year ending February 28, 2023, the company expects to report net sales of JPY 10,600 million, operating profit of JPY 550 million, profit of JPY 330 million, and basic earnings per share of JPY 56.92.
DAIKEN CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of building hardware, exterior building materials and exterior products. The Company operates through two business segments. The Building Related Products segment is engaged in the manufacture, sale and installation of exterior building materials, interior building materials, as well as home delivery boxes, door hangers, and household sliding door closers. The Real Estate Rental segment is engaged in the operation of rental apartments for singles and rental stores. Exterior building materials include shades, aluminum drainers, handrails for shades, exterior blindfolded panels. Interior building materials include inspection doors, pits, gratings, stainless steel entrance wiping mats, ceiling lighting louvers, aluminum pipes, curtain rails.