Shinwa Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending August 31, 2023

Shinwa Co Ltd is a Japan-based company engaged in the manufacture, sale and maintenance of production equipment and materials in the manufacturing industry. The Company operates in four regional segments. The Company is engaged in the sale of metal joints, industrial equipment, factory automation (FA) system related products, the provision of cover welding and spraying services, soldering services and maintenance works, the manufacture and sale of FA systems, as well as the logistics business, the real estate management business, the insurance agency business, and the manufacture and sale of resin products. The Company operates within the domestic market and to overseas markets, including the United States, Southeast Asia and China.