Nippon Tungsten Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and Fiscal Year Ending March 31, 2025
May 09, 2024 at 02:00 am EDT
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Nippon Tungsten Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2024 and fiscal year ending March 31, 2025. For the six months ending September 30, 2024, the company expects net sales of JPY 5,900 million, Operating profit of JPY 180 million, Profit attributable to owners of parent of JPY 210 million and Basic earnings per share of JPY 43.35.
For the year ending March 31, 2025, the company expects net sales of JPY 12,000 million, Operating profit of JPY 520 million, Profit attributable to owners of parent of JPY 560 million and Basic earnings per share of JPY 115.61.
Nippon Tungsten Co., Ltd. is a Japan-based company primarily engaged in manufacturing and sale of machine parts, electrical parts and other related business. The Company operates in two segments. The Machine Parts segment is engaged in manufacturing and sales of magnetic head substrates, NT die cutters, automation and labor saving equipment, etc. The Electrical Parts segment is engaged in manufacturing and sales of tungsten wires, electrical contacts, electrodes etc. Other businesses include building management, insurance agent business, etc.
NIPPON TUNGSTEN CO., LTD. 
