Titan Kogyo, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
May 12, 2022
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Titan Kogyo, Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months, company expects net sales of JPY 4,170 million, operating profit of JPY 240 million, profit attributable to owners of parent to be JPY 140 million and earnings per share to be JPY 47.33.
For the year, company expects net sales to be JPY 9,400 million, operating profit of JPY 510 million, profit attributable to owners of parent to be JPY 300 million and earnings per share to be JPY 101.42.
Titan Kogyo, Ltd. is a Japan-based company mainly engaged in the manufacture and sale of titanium oxide, iron oxide and related chemical products. The Company operates in two business segments. The Titanium Oxide segment is engaged in the manufacture and sale of titanium oxide and high value-added ultrafine titanium dioxide products such as ultrafine titanium dioxide, pigments for cosmetics, electro-conductive inorganic oxide and titanate products. The Iron Oxide segment is engaged in the manufacture and sale of iron oxide products such as synthetic iron oxide, scaly iron oxide and ferrous sulfate products. The Company is also engaged in the sale of accessory products, and the on-site logistics business.
TITAN KOGYO, LTD. 
