SHANON Inc. provided consolidated earnings guidance for the six months ending April 30, 2023 and year ending October 31, 2023. For the six months, the company expects net sales of JPY 1,580 million, operating loss of JPY 70 million, loss attributable to owners of parent of JPY 81 million and loss per share of JPY 27.60.

For the year, the company expects net sales of JPY 3,500 million, operating profit of JPY 70 million, profit attributable to owners of parent of JPY 53 million and earnings per share of JPY 18.06.