Okuwa Co., Ltd. provided consolidated and non-consolidated earnings guidance for the first half and fiscal year ending February 20, 2024. For the first half, on consolidated basis, the company expects operating income of JPY 124,000 million, operating profit of JPY 800 million, profit attributable to owners of parent of JPY 400 million and basic earnings per share of JPY 9.12.

For the year, On consolidated basis, the company expects operating income of JPY 253,000 million, operating profit of JPY 3,400 million, profit attributable to owners of parent of JPY 1,200 million and basic earnings per share of JPY 27.35.

For the first half, on non-consolidated basis, the company expects operating income of JPY 123,500 million, operating profit of JPY 900 million, basic earnings per share of JPY 9.12.

For the year, on non-consolidated basis, the company expects operating income of JPY 252,000 million, operating profit of JPY 3,500 million, basic earnings per share of JPY 27.35.