Nadex Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending October 31, 2023 and Full Year Ending April 30, 2024
September 06, 2023 at 02:10 am EDT
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Nadex Co., Ltd. provided consolidated earnings guidance for the Six months ending October 31, 2023 and full year ending April 30, 2024. For the period, the company expects net sales of JPY 17,250 million, operating profit of JPY 440 million, profit attributable to owners of parent of JPY 340 million and basic earnings per share of JPY 36.64.
For the year, the company expects net sales of JPY 36,800 million, operating profit of JPY 1,395 million, profit attributable to owners of parent of JPY 1,080 million and basic earnings per share of JPY 116.57.
NADEX CO., LTD. is a Japan-based company mainly engaged in manufacturing and sales of electronics components, sales of industrial machinery, factory automation (FA) system business and welding solution business of resistance welding equipment. The Company operates in four segments: Japan segment, the Americas segment, China segment and Thai segment. The Companyâs welding equipment & materials business includes resistance welding, arc welding, laser and industrial robots, etc. The factory automation business includes automatic and labor-saving car parts manufacturing facilities, electronic devices, manufacturing facilities, inspection and meters. The electronic control equipment business includes electronics, control components and equipment, power supply modules. The information technology (IT) solutions include manufacturing execution system (MES) solutions, equipment management solutions, energy management solutions and image inspection solutions, etc.