Furukawa Co.,Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Second Quarter and Fiscal Year Ending March 31, 2024
May 29, 2023 at 02:00 am EDT
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Furukawa Co.,Ltd. revised consolidated and non-consolidated earnings guidance for the second quarter and fiscal year ending March 31, 2024. For the second quarter, on consolidated basis, the company expects net sales of JPY 92,000 million, operating profit of JPY 3,700 million, profit attributable to owners of parent of JPY 11,600 million and basic earnings per share of JPY 304.33.
For the year ending March 31, 2024, on consolidated basis, the company expects net sales of JPY 184,500 million, operating profit of JPY 9,200 million, profit attributable to owners of parent of JPY 15,300 million and basic earnings per share of JPY 401.41.
For the second quarter, on non-consolidated basis, the company expects net sales of JPY 4,800 million, operating profit of JPY 2,300 million, profit of JPY 11,500 million and basic earnings per share of JPY 301.71.
For the year ending March 31, 2024, on non-consolidated basis, the company expects net sales of JPY 7,200 million, operating profit of JPY 2,300 million, profit of JPY 11,300 million and basic earnings per share of JPY 296.46.
FURUKAWA CO., LTD. mainly engages in industrial machinery business, rock drill business and other businesses. The Company operates in seven segments. The Industrial Machinery segment offers pumps, crushers and steel structures, among others. The Rock Drill segment provides rock drills, including hydraulic breakers, crushers and others. The Unic segment provides unic cranes, mini crawler cranes and others. The Metal segment provides copper, gold, silver, sulfuric acid and others. The Electronic segment provides high-purity metallic arsenic, crystal products and others. The Chemical segment offers crystal products, ferric polysulfate solution and others. The Real Estate segment involves in the trading and leasing of real estate.
FURUKAWA CO.,LTD. 
