GLOSEL Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024
August 17, 2023 at 12:00 am EDT
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GLOSEL Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the first half, the company expects net sales of JPY 34,000 million, operating profit of JPY 410 million, profit attributable to owners of parent of JPY 280 million and basic earnings per share of JPY 9.89.
For the full year, the company expects net sales of JPY 71,000 million, operating profit of JPY 1,000 million, profit attributable to owners of parent of JPY 700 million and basic earnings per share of JPY 24.72.
GLOSEL Co., Ltd., formerly RENESAS EASTON Co., Ltd. is a Japan-based company principally concludes contracts with suppliers, such as Renesas Electronics Corporation and Hitachi Group, to purchase integrated circuits and semiconductor devices and also purchased products from vendors other than the major suppliers to domestic and overseas manufacturers. The Company is also engaged in the development of software, as well as the design and development of ASIC. The Company's integrated circuit (IC) products include microcomputers, logic ICs and memory ICs. Its semiconductor device products include transistors, diodes and rectifying devices. Its display devices include liquid crystal displays, among others. And other products include general electronic components and electronic devices.