Okuwa Co., Ltd. provided consolidated and non-consolidated earnings guidance for the first half and fiscal year ending February 20, 2023. For the first half, on consolidated basis, the company expects operating income of JPY 125,000 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 1,000 million and basic earnings per share of JPY 22.80.

For the year, On consolidated basis, the company expects operating income of JPY 252,000 million, operating profit of JPY 5,400 million, profit attributable to owners of parent of JPY 2,050 million and basic earnings per share of JPY 46.75.

For the first half, on non-consolidated basis, the company expects operating income of JPY 122,000 million, operating profit of JPY 2,100 million, basic earnings per share of JPY 22.80.

For the year, on non-consolidated basis, the company expects operating income of JPY 246,000 million, operating profit of JPY 5,500 million, basic earnings per share of JPY 45.61.