Marumae Co., Ltd. provided consolidated earnings forecast for the first half and full year of fiscal year ending August 31, 2023. For the first half, the company expected net sales to be JPY 4,180 million, Operating profit to be JPY 780 million, Profit to be JPY 556 million and earnings per share to be JPY 44.03.

For the full year, the company expected net sales to be JPY 8,700 million, Operating profit to be JPY 1,680 million, Profit to be JPY 1,200 million and earnings per share to be JPY 95.03.