Topy Industries, Limited Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
November 17, 2022 at 01:30 am EST
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Topy Industries, Limited provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expected net sales of JPY 352,000 million, operating income of JPY 6,600 million, profit attributable to owners of parent of JPY 5,000 million or JPY 217.57 per basic share.
TOPY INDUSTRIES, LIMITED is an automobile and industrial machinery parts manufacturing company. The Company operates in three segments. The Steel segment is engaged in the manufacture of steel products by using electrical furnace, and the production and sale of rolled steel products including wide flange beams, standard shaped steel and deformed bars. The Automobile and Industrial Machinery Parts segment is engaged in the provision of automotive steel wheels, aluminum wheels, steel wheels for construction machinery, stamping products for automotive, industrial fasteners and industrial machine parts including undercarriage components of power shovels and bulldozers, and cutting edge of motor graders. The Power Generation segment is engaged in the power generation business and the wholesale of power. The Company is also engaged in the provision of sign systems, synthetic mica and crawler robots, civil engineer and construction business, the leasing of real estates and others.
TOPY INDUSTRIES, LIMITED 
