Nichias Corporation 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 116,000 million, operating income of JPY 13,700 million and profit attributable to owners of the parent of JPY 11,300 million or JPY 170.35 per basic share.

For the full year, the company expects net sales of JPY 238,000 million, operating income of JPY 29,500 million and profit attributable to owners of the parent of JPY 22,500 million or JPY 339.20 per basic share.