NS Tool Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 2022 and Full Year Ending March 31, 2023
August 09, 2022 at 02:30 am EDT
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NS Tool Co., Ltd. provided consolidated earnings guidance for the six months ending September 2022 and full year ending March 31, 2023. For the six months, the company expected net sales of JPY 4,770 million, operating profit of JPY 1,080 million and profit attributable to owners of parent of JPY 720 million or Basic EPS of JPY 28.92.
For the full year ending March 31, 2023, the company expected net sales of JPY 9,690 million, operating profit of JPY 2,110 million and profit attributable to owners of parent of JPY 1,440 million or Basic EPS of JPY 57.83.
NS Tool Co Ltd is a Japan-based company mainly engaged in the production and sale of end mills, which are cutting tools that are attached to machining centers (machine tools) to process metals. The Company operates in two business segments. End Mill segment is engaged in the manufacture and sale of cutting tools centering on carbide small-diameter end mills. Others segment is engaged in the manufacture and sale of plastic moldings focusing on tool cases. The product sizes include end mill (6mm or less), end mill (over 6mm), and end mill (others).