Marumae Co., Ltd. Provides Consolidated Earnings Forecast for the First Half and Full Year of Fiscal Year Ending August 31, 2023
October 27, 2022 at 02:00 am EDT
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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.
Marumae Co.,Ltd. is a Japan-based company mainly engaged in the precision cutting works. The Company is engaged in the manufacture of vacuum chambers and electrodes used in flat panel display (FPD) manufacturing equipment and semiconductor manufacturing equipment. The products include semiconductor manufacturing equipment related parts, FPD manufacturing equipment related parts, and other equipment parts. The semiconductor manufacturing equipment parts are vacuum parts for semiconductor manufacturing equipment and inspection equipment. The FPD manufacturing equipment parts are vacuum devices for manufacturing equipment apparatus and inspection apparatus used in liquid crystal and organic electro luminescence (EL). The other parts consist surface processing equipment for smart phone housing, solar cell manufacturing equipment parts, motorcycle racing parts, industrial equipment parts for camera and microscope, as well as parts for medical equipment.