Onward Holdings Co., Ltd. provided revised earnings guidance for the first half and year ending February 29, 2024. For the first half, the company expects net sales to be ¥90,000 million than ¥86,200 million. Operating profit to be ¥4,000 million than ¥1,000 million. Profit attributable to owners of parent to be ¥2,400 million than ¥1,400 million. Basic earnings per share to be ¥17.68 than ¥10.32.

For the year, the company expects net sales to be ¥188,800 million than ¥185,000 million. Operating profit to be ¥10,000 million than ¥7,000 million. Profit attributable to owners of parent to be ¥5,000 million than ¥4,000 million. Basic earnings per share to be ¥36.84. than ¥29.49.