Marumae Co.,Ltd. Provides Earnings Guidance for the Six Months Ending February 28, 2023 and Year Ending August 31, 2023
January 20, 2023 at 06:00 am
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Marumae Co.,Ltd. provided earnings guidance for the six months ending February 28, 2023 and year ending August 31, 2023. For the six months, the company expects net sales of JPY 4,180 million, operating profit of JPY 780 million, profit of JPY 556 million and earnings per share of JPY 44.03.
For the year ending August 31, 2023, the company expects net sales of JPY 8,700 million, operating profit of JPY 1,680 million, profit of JPY 1,200 million and earnings per share of JPY 95.03.
Marumae Co.,Ltd. is a Japan-based company mainly engaged in the precision cutting works. The Company is engaged in the manufacture of vacuum chambers and electrodes used in flat panel display (FPD) manufacturing equipment and semiconductor manufacturing equipment. The products include semiconductor manufacturing equipment related parts, FPD manufacturing equipment related parts, and other equipment parts. The semiconductor manufacturing equipment parts are vacuum parts for semiconductor manufacturing equipment and inspection equipment. The FPD manufacturing equipment parts are vacuum devices for manufacturing equipment apparatus and inspection apparatus used in liquid crystal and organic electro luminescence (EL). The other parts consist surface processing equipment for smart phone housing, solar cell manufacturing equipment parts, motorcycle racing parts, industrial equipment parts for camera and microscope, as well as parts for medical equipment.