Shinwa Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending February 29, 2024 and Full Year Ending August 31, 2024
October 20, 2023 at 04:00 am EDT
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Shinwa Co., Ltd. provided consolidated earnings guidance for the six months ending February 29, 2024 and full year ending August 31, 2024. For the six months, the company expects net sales to be JPY 35,000 million, operating profit to be JPY 1,600 million, profit attributable to owners of parent to be JPY 1,100 million and basic earnings per share to be JPY 82.23.
For the full year, the company expects net sales to be JPY 72,000 million, operating profit to be JPY 3,500 million, profit attributable to owners of parent to be JPY 2,500 million and basic earnings per share to be JPY 186.89.
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.
SHINWA CO., LTD. 
