Nihon Jyoho Create Co.,Ltd. revised consolidated earnings guidance for the year ending June 30, 2023. For the year, the company expects net sales to be JPY 3,750 million, Operating profit to be JPY 300 million, Profit attribute to owner of parent to be JPY 230 million and Net income per share to be JPY 16.16. Sales are below the initial plan because of declines in both new sales and resales caused by the slow pace of sales consultant training programs for people who were hired during the previous fiscal year.

The operating profit, ordinary profit and profit forecasts have been reduced because of lower than expected sales, a higher cost of sales due to outsourcing certain tasks, the result of adjustments in the use of internal resources, a temporary increase in maintenance expenses associated with improving the quality of updated products, and other reasons.