Neturen Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024
August 22, 2023 at 07:00 am
Share
Neturen Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the first half, the company expects Net sales of JPY 31,000 million, Operating income of JPY 1,000 million, Profit attributable to owners of parent of JPY 800 million, and Basic earnings per share of JPY 21.22.
For the full year, the company expects Net sales of JPY 63,000 million, Operating income of JPY 2,800 million, Profit attributable to owners of parent of JPY 2,000 million, and Basic earnings per share of JPY 53.04.
Neturen Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of prestressed concrete(PC) steel bars, steel wires and induction heating equipment. The Company is also enagegd in the leasing of office buildings and other related research and development business. It has two business segments. The Product-related segment manufactures and sells PC steel bar-related products for civil engineering and construction works, and high-strength spring steel wire-related products for automobile and two-wheel vehicle suspension springs. The Induction Heating (IH)-related segment offers induction heating apparatus, construction machine parts, and automobile components, including hollow rack bars and worm wheels. This segment is also involved in the heat treatment and processing businesses. The Company is also engaged in the leasing of office buildings and others.
NETUREN CO., LTD. 
