NICHIDEN Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 02, 2022 at 08:30 am
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NICHIDEN Corporation provided consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the first half, the company expects net sales to be JPY 61,840 million, operating profit to be JPY 2,120 million, profit attributable to owners of parent to be JPY 1,620 million and earnings per share to be JPY 51.59.
For the year, the company expects net sales to be JPY 127,000 million, operating profit to be JPY 4,480 million, profit attributable to owners of parent to be JPY 3,280 million and earnings per share to be JPY 104.45.
NICHIDEN Corporation is a Japan-based company engaged in the sale of power transmission systems, industrial machinery and control equipment. The Company is engaged in the sale of industrial equipment such as woodworking machinery and power transmission equipment, the manufacture and sale of automatic equipment and sterilization deodorization equipment, the design and manufacture of hydraulic systems, as well as the operation of portal site. The Company's power transmission equipment products include speed reducers, gearshifts, chain and belt drives, sprockets, couplings, bearings, bearing units, metallic materials and others. The industrial machinery products include conveyors, transportation equipment, lifting equipment, storage related equipment, delivery systems, packaging system devices, motors and pumps. The control equipment products include pneumatic equipment, oil hydraulic equipment, vacuum equipment, hoses, tubes, couplings, indicators, actuators and sensors, among others.
NICHIDEN CORPORATION 
