Marumae Co., Ltd. Revises Earnings Guidance for the Year Ending August 31, 2024
March 28, 2024 at 02:00 am EDT
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Marumae Co., Ltd. revised earnings guidance for the year ending August 31, 2024. For the year, company expects Net sales of JPY 4,680 million, Operating profit of JPY 77 million, Loss of JPY 34 million and Loss per share of JPY 2.69 compared to previously announced guidance as follows: Net sales of JPY 7,000 million, Operating profit of JPY 680 million, Profit of JPY 400 million and Earnings per share of JPY 31.64.
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.
MARUMAE CO., LTD. 
