HORIBA, Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
August 14, 2023 at 12:00 am EDT
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HORIBA, Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company now expects net sales to be JPY 281,000 million, operating income to be JPY 41,000 million, net income attributable to owners of parent to be JPY 35,500 million and net income attributable to owners of parent per share to be JPY 839.84 against net sales of JPY 279,000 million, operating income of JPY 40,000 million and net income attributable to owners of parent of JPY 34,000 million as previously forecasted.
HORIBA,Ltd. is a Japan-based company engaged in the manufacture and sale of measuring instruments. The Company operates in five business segments. The Automotive Test System Equipment segment is engaged in the provision of engine exhaust gas measuring devices, driveline test systems, engine test systems, brake test systems and other products. The Environmental and Process System Equipment segment is engaged in the provision of flue gas analyzers, water quality measuring devices, air pollution monitoring analyzers and other products. The Medical System Equipment segment is engaged in the provision of blood cell counting devices, immunoassay devices and other products. The Semiconductor System Equipment segment is engaged in the provision of mass flow controllers, chemical solution concentration monitors and other products. The Scientific System Equipment segment is engaged in the provision of particle size distribution measuring devices, metal analyzers and other products.