Kanaden Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
May 17, 2023 at 02:00 am EDT
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Kanaden Corporation provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales to be JPY 52,000 million, operating profit to be JPY 1,250 million, profit to be 800 million and earnings per share to be JPY 34.14.
For the year, the company expects net sales to be JPY 113,000 million, operating profit to be JPY 4,500 million, profit to be JPY 3,000 million and earnings per share to be JPY 128.03.
KANADEN CORPORATION is a Japan-based company mainly engaged in the sale of heavy electrical and electronic equipment, semiconductors, factory automation (FA) and office automation (OA) equipment and others. The Company operates through four business segments. The FA System segment is involved in the sale of FA equipment including controller systems, as well as mechatronics products such as laser processing machines and others. The Building Equipment segment is involved in the sale of uninterruptible power supplies, elevators, as well as air-conditioning equipment, low-temperature equipment and others based on energy conservation. The Infrastructure segment is involved in the sale of substations, light emitting diodes (LEDs), information and others, as well as verious systems that contribute to social infrastructure development. The Information and Devices segment is involved in the sale of semiconductors, electronic device parts and others, as well as security systems and video system.
KANADEN CORPORATION 
